Wed. Oct 27th, 2021

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Hello everyone, James here in Hong Kong. With the approaching big holiday season, this is not a good time for the supply chain. But a power outage in China, a Covid-19 wave in Vietnam and a few other influences are getting it all started (The Big Story). Elsewhere, the Evergrande debacle could point to China’s shift from major resources to green technologies, including solar and wind power, electric vehicles, batteries and more (our offer). Do not miss the approval of the Philippines for genetically modified golden rice (top 10 from Mercedes). Is this a sign? Watch out for next week.

The big story – exclusive

A spate of disruptions plays major damage in the technical supply chain of Asia. The list of businesses affected by China’s electricity restrictions, a Covid-19 wave in Vietnam and other supply issues is getting longer to include appeal, Tesla, Microsoft, HP, Qualcomm, Nvidia, Intel and others.

This exclusively in Nikkei Asia reveals how buyers of Apple’s new iPhone 13 have to wait up to five weeks to be delivered in Japan and China due to an increase in Covid-19 cases in Vietnam and the deployment of a new camera feature by the US technology giant. The waiting time is four weeks in the US.

Important developments: Manufacturers warn further disruptions because China warns important industrial provinces such as Jiangsu, Guangdong and Hubei against using too much energy, and has not complied with the country’s call to ‘control energy consumption and carbon emissions’.

‘We are currently reviewing the stock for all the components and parts we have in stock. The situation is still manageable at the moment, but we fear that it will happen again, “said a CEO at an iPhone provider. “It will be a big disruption if we are out of stock next month.”

King Yuan Electronics, a leading chip testing provider, has likely experienced delays as it reduces energy consumption. Key iPhone Compiler Pegatron, which operates massive production sites in Kunshan and Suzhou, is also contributing to major reductions in power consumption.

Disabled: These multiple disruptions could threaten Asia’s technical supply chain for weeks or even months. Their unpredictable nature can slow down the supply of key products as the holiday season approaches.

Mercedes’s top 10

  1. Can Huawei rediscover itself? A deep dive in how the Chinese the telecommunications group is developing other areas of its business, including 6G and cloud. (FT)

  2. SenseTime wants a global AI champion but the company remains heavily dependent on the support of the Chinese government. (FT)

  3. A Japanese The research team may have made a fiber optic breakthrough Replace brittle glass with plastic. (Nikkei Asia)

  4. Cryptocurrency exchanges have links start cutting with customers in China after Beijing declared most cryptocurrency activities ‘illegal’. (FT)

  5. An anti-doxxing law that alarm sounded with Facebook, Twitter and others progress Hong Kong. (Nikkei Asia)

  6. Evergrande’s electric car unit scraps plans for a secondary listing on the mainland China as the guilty developer sinks further in a crisis. (FT)

  7. The USA sit pressure on chipmakers to be more transparent about their supply chains. (FT)

  8. The Philippines becomes the first country to approve the commercial production of genetically modified golden rice. Critics aim. (Nikkei Asia)

  9. Indian riding service Ola opens an electric scooter factory completely by women. (Nikkei Asia)

  10. A blockbuster list by a Indonesian The beginning of e-commerce begins with new local businesses reconsider go public via US blank check companies. (FT)

Can SenseTime become a Global AI Champion? © Bloomberg

We take

The Evergrande The crisis in China has made clear the urgency of Beijing’s search for a new growth model. It is clear that confidence in property – which currently generates 29 percent of GDP – is no longer viable.

But can green technologies become a major growth dynamic? It will take many years before we know it. But some leading Chinese experts are making predictions that will amaze the world if it materializes.

This month, Zhang Xiaohui, dean of Tsinghua University’s School of Finance, frame that China’s net zero strategy until 2060, until the year Beijing promised, would require an investment of up to $ 46.6 tons, will achieve carbon neutrality. This would be equivalent to about 10 percent of the annual expected capital investment.

Some see such a big ambition as a huge decline in government finances, but Zhang says 90 percent of the money raised comes from “green finances”. China is already the world’s second largest issuer of green bonds — and it has only just begun.

In this regard, the fate of Evergrande becomes very relevant. By shrinking the real estate market, Beijing is in effect freeing up capital to drive the investment needed to realize the country’s green ambitions in clean energy, electric vehicles and smart grids.

– James

Slim data

Bar graph of In thousands of cases, intellectual property lawsuits in China show an increase

China is experiencing a boom in litigation over intellectual property. And foreign companies are increasingly becoming targets.

A revised patent law has reduced the burden of proof for plaintiffs in patent infringement reduction, and it has made Chinese businesses more likely to sue. Other revisions have also sharply increased the maximum damage inflicted in patent, trademark and copyright cases.

A total of 28,528 cases of intellectual property infringement over areas such as patents, utilities and designs were heard by Chinese courts of first instance in 2020, 28% more than the previous year. Copyright and trademark packages are also rising.


Lai Chang Wen, co-founder and CEO of the Southeast Asian Logistics Group Ninja Van, has 587 m new reasons to be happy. Lai, who helped set up the business in 2014 while still in his twenties, gained a major new supporter in Chinese e-commerce giant Alibaba as part of the big series of E-financing rounds.

The employees of Ninja Van, with their bright red uniforms, can be seen in Southeast Asia, from mountains in the Philippines to remote towns in Indonesia, and even with their mopeds on boats during the typhoon season, delivering 2 million parcels a day. The business for the company, which considers itself a technology player in technology, grew during the pandemic thanks to the explosion in e-commerce.

The company’s latest round of financing, which amounts to more than $ 1 billion, is according to him an initial public offering as soon as next year. “The market recognizes the emerging opportunities for e-commerce logistics in Southeast Asia,” Lai said. “Ninja Van will play a key role in meeting the changing demands of both businesses and consumers.”

When wise men speak

  • IMD, the business school, has acquired a new digital competitiveness position in which China jumped to 15th place by 15 places. We think it’s too low, but it’s an interesting report nonetheless.

  • One big theme of the week is the implication for renewable energy of China’s “no new coal” announcement. Cecilia Han Springer join Nikos Tsafos and Jane Nakano for this informative CSIS podcast.

  • Cheng Li by Brookings give his take about how China’s “digital natives” are changing the country.

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