Asia Links

Thursday, November 4

Good morning, and welcome to Thursday’s Asia Links

Fed to start winding back $120-billion monthly stimulus (FT, WSJ)

• Chinese officials warn of taper threat to yuan stability (SCMP)

Carney unveils $130 trillion in climate finance commitments (Bloomberg)

India’s services growth strongest in a decade: PMI survey (The Wire)

Bytedance founder Zhang Yiming steps down as chairman (FT)

China’s coal prices have dropped 50% over the past two weeks after regulators stepped in (Caixin)

Chinese tennis star Peng Shuai accuses former Vice Premier Zhang Gaoli of sexual abuse (WSJ, BBC, NY Times)

Hong Kong activist who tried to seek asylum in US consulate found guilty of secession and money laundering after a plea bargain (Guardian)

Taiwan welcomes first official European Parliament delegation (Reuters, Taipei Times)

China increasing nuclear arsenal much faster than previously thought, Pentagon says (FT, Guardian)

US stepping up operations in South China Sea, researchers say (SCMP)

Analysis: Xi’s ‘common prosperity’ drive comes under pressure as the economy fizzles (Nikkei Asia)

The great Australian avocado glut (Washington Post)

The Taliban have banned foreign currencies in Afghanistan (BBC)

And wonkishly finally: “self-control issues cause 31% of social media use” (NBER)