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Xi Jinping - Prabowo Subianto - Nikkei staff writers - Indonesia's Prabowo meets Xi in rare pre-inauguration China visit - asia.nikkei.com - China -  Beijing - Indonesia -  Shanghai -  Jakarta

Indonesia's Prabowo meets Xi in rare pre-inauguration China visit

JAKARTA/SHANGHAI -- Prabowo Subianto, Indonesia's defense minister and president-elect, met Chinese President Xi Jinping on Monday in Beijing, state media Xinhua reported, cementing his relationship with Beijing ahead of his inauguration in October.

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Fumio Kishida - Sam Altman - Nikkei staff writer - OpenAI to open its first Asia office in Tokyo this month - asia.nikkei.com - Japan -  Tokyo - Usa

OpenAI to open its first Asia office in Tokyo this month

TOKYO -- ChatGPT developer OpenAI is set to launch its first Asian base with an office in Tokyo this month, intending to provide tailored corporate services and participate in creating a governance framework for the technology, Nikkei has learned.

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Xi Jinping - Fumio Kishida - MARI YAMAGUCHI - Fukushima Daiichi - Japan confirms experts met in China to ease concerns over discharge of treated radioactive water - apnews.com - Japan -  Tokyo - China -  Beijing

Japan confirms experts met in China to ease concerns over discharge of treated radioactive water

TOKYO (AP) — Japan said Sunday its experts have held talks with their Chinese counterparts to try to assuage Beijing’s concerns over the discharge of treated radioactive wastewater from the wrecked Fukushima Daiichi nuclear power plant into the sea.

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Xi Jinping - Sheila Chiang - Mark Rutte - Xi tells Dutch prime minister: No force can stop China’s tech advance - cnbc.com - China - Taiwan -  Beijing - Netherlands

Xi tells Dutch prime minister: No force can stop China’s tech advance

China's technological progress cannot be stopped, Chinese President Xi Jinping told Dutch Prime Minister Mark Rutte when they met in Beijing Wednesday for talks on areas such as the critical semiconductor industry.

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Xi Jinping - CK Tan - Nikkei staff writer - Mark Rutte - Xi Jinping meets top U.S. executives, then Dutch PM in Beijing - asia.nikkei.com - China -  Beijing -  Shanghai - Netherlands

Xi Jinping meets top U.S. executives, then Dutch PM in Beijing

SHANGHAI -- Chinese President Xi Jinping on Wednesday met top U.S. business executives before holding talks with Dutch Prime Minister Mark Rutte, as Beijing courts foreign investment and tries to stave off capital flight.

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DYLAN LOH - Nikkei staff writer - Singapore sets response deadline for family office applications - asia.nikkei.com - Singapore -  Singapore

Singapore sets response deadline for family office applications

SINGAPORE -- Singapore's financial regulator is pushing family office applicants to respond promptly to scrutiny, or risk having their efforts to obtain tax breaks rendered fruitless, as the Southeast Asian financial center tightens procedures around foreign wealth inflows in the wake of a massive money laundering bust.

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StanChart CEO Winters meets China FX regulator, launches investment banking unit - cnbc.com - China

StanChart CEO Winters meets China FX regulator, launches investment banking unit

Standard Chartered CEO Bill Winters met with the head of China's foreign exchange regulator on Monday, a month after the bank suspended new investments by its clients in the country into offshore products via a quota-based channel.Winters exchanged views with Zhu Hexin, the head of China's State Administration of Foreign Exchange (SAFE), on China's financial opening up and the establishment of a treasury center, among other topics, according to a statement from the regulator issued late on Monday.Last month, the London-headquartered bank said in a client note that it would not take new subscriptions into offshore-domiciled funds sold via China's qualified domestic institutional investor (QDII) program, governed by SAFE.StanChart cited "commercial reasons" for the suspension.Analysts, however, say the suspension was probably because StanChart's QDII quota capacity may have been reached given a surge in demand by Chinese investors to invest offshore via the QDII program.It was unclear if Winters and Zhu discussed quota issuance.Separately, StanChart said in a statement that its fully-owned investment banking unit, Standard Chartered Securities China, commenced operations from Friday last week, the latest global financial firm to take advantage of the opening up of China's securities brokerage sector."We have confidence in China's continued financial sector opening and economic transition," Winters said."The inauguration of SCSCL will enhance Standard Chartered's ability to serve clients domestically and internationally, deepening and diversifying our capabilities in China".StanChart started hiring staff in China since 2023 as it geared up to launch the investment banking unit targeting niche bond deals, chairman of the

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Sheila Chiang - Apple could double down on China market, Wedbush says, as iPhone sales drop - cnbc.com - China -  Shanghai -  Beijing, China

Apple could double down on China market, Wedbush says, as iPhone sales drop

Apple could double down on the China smartphone market amid declining iPhone sales and stiff competition in the country, Wedbush Securities said on Monday.

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