Weak October credit data; CSRC head to resign?; No letup in PRC attacks over Japanese PM’s Taiwan comments; New Model of Global Leadership; Nexperia
Deep Dives
Explore related topics with these Wikipedia articles, rewritten for enjoyable reading:
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Taiwan Relations Act
13 min read
The article references Japan's PM using the phrase 'survival-threatening situation' regarding Taiwan, triggering PRC criticism. The Taiwan Relations Act provides crucial context for understanding the legal and diplomatic framework that shapes how democracies approach Taiwan's security and why such statements provoke Beijing.
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Nexperia
15 min read
Nexperia appears in the article title as a key topic. This Dutch semiconductor company with Chinese ownership has been at the center of technology transfer and national security debates, making it relevant to understanding China's tech ambitions and Western responses.
What’s Prime Minister Sanae Takaichi up to by reviving the phrase “survival-threatening situation”? Is Japan going to repeat its past mistakes of militarism? Does Japan try to once again make enemy with the Chinese and other Asian people? Does Japan attempt to subvert the post-WWII international order? - PRC Ministry of Foreign Affairs spokesperson
Summary of today’s top items:
1. October credit demand weak - The October loan data missed expectations and growth in aggregate financing was the lowest since July 2024.
2. CSRC chair Wu Qing to resign? - Reuters, citing unnamed sources, reported that Wu Qing, the chairman of the China Securities and Regulatory Commission since February 2024, is sick and has asked for permission to resign. He has done a good job cleaning up the stock markets and since he took the job the Shanghai Composite is up over 40% and now trades around a ten-year high. Likely in response to this Reuters report, most major websites today carried a story about Wu travel…
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