Good morning, and welcome to the final Asia Links of the week
Overnight
S&P500: -0.09%, FTSE100: -0.19%, HSI: +0.75%
Chinese cities ease covid curbs as top virus official hails ‘new situation’ (Nikkei Asia)
China to further upgrade its virus-control policy (People’s Daily)
China clamps down on internet as it seeks to stamp out covid protests (WSJ, AP)
European Council chief stresses ‘right to peaceful assembly’ in talks with Xi (FT)
EU and China leaders vow to keep talking amid ‘multiple crises’ (SCMP)
IMF to press China on Emerging-Market debt help as worry mounts (Bloomberg)
Emerging Market stocks and bonds stage powerful rebound rally (FT)
Modi trots out nationalist rhetoric ahead of high-stakes Gujurat election (FT, AP)
India’s plan to take on China as South Asia’s favorite lender (FT)
India to use G20 chair to focus on climate (AP)
China manufacturing PMI 49.4 (Caixin)
South Korea’s exports to China tumble 25% as world’s no 2 economy sputters (SCMP)
South Korean truckers’ strike has cost economy $1.2 billion in lost shipments (Reuters)
Hong Kong retail sales rise in October, outlook challenging (Reuters)
Australia’s state-owned National Broadband Network writes off AU$31bn of government investment (AFR)
HSBC denies Beijing is behind Ping An push to split bank (FT)
HSBC CEO ratchets up cost-cutting target for next year (Reuters)
HSBC shedding at least 200 senior operations managers in global cuts (Reuters)
China condemns UK lawmakers’ visit (BBC)
Myanmar democracy leader says 2,000 people have died figthing the junta (Reuters)
Rising Tether loans add risk to stablecoin, crypto world (WSJ)
The IMF’s Finance and Development magazine on Green Growth Opportunities
Full magazine here
The biggest carbon emitters by sector (Visual Capitalist)
The FT has published its list of the 25 most influential women of 2022
New York and Singapore top the world’s most expensive cities (BBC, Bloomberg)