Good morning, and welcome to the final Asia Links of the week
China will ‘strictly limit’ citizens going abroad to control covid (FT)
Property Developer Sunac defaults as lockdowns hit house sales (FT, Reuters)
China’s economic slowdown is rippling all round the world (WSJ)
Can Xi vanquish covid without crushing China’s economy? (FT)
Hong Kong GDP likely to shrink through June despite eased curbs (Bloomberg)
Hong Kong intervenes to support the HKD for the first time since 2019 (FT, Caixin)
RMB extends slide as stronger fixing bias lends little support (Caixin)
China’s big four banks start pilot program for retirement savings products (Caixin)
SoftBank suffers historic $16 bn loss after Vision Fund loses $27bn (Nikkei Asia, FT)
India retail inflation just to near 8-year high in April (LiveMint)
Indian shares fall 2%, Rupee hit record low ahead of inflation data (Reuters)
Ranil Wikremesinghe will be the new Sri Lankan PM, for the sixth time (BBC, Reuters, AP)
US to invest $150m in Southeast Asia to counter China (FT, SCMP)
Asean leaders to meet Biden as Ukraine War highlights disunity (Nikkei Asia, Foreign Policy)
US seeks better supply chain resilience with Southeast Asia (Reuters)
Li Ka-shing’s family office joins Singapore expansion wave (Bloomberg)
How blockchain is addressing supply chain challenges in Asia (East Asia Forum)
North Korea locks down over first ever covid cases (BBC, FT)
Satellite images suggest China is practicing strikes on Taiwan and Guam (SCMP)
Fostering effective energy transition 2022 (WEF)
Opinion: To fight inflation, fight protectionism (Project Syndicate)
Scientists have taken the first picture of the massive black hole – or at least the glowing gas around the black hole – at the centre of our galaxy (BBC. FT)
Lhakpa Sherpa creates a new record by becoming the first woman to climb Mt Everest 10 times (BBC, AP)
And finally: Willing to endure the world’s longest flight for $12,000? Qantas is banking on it (Bloomberg)
Have a good weekend.