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Asian news from China

Xi Jinping - Reuters - Quang Ninh - Work to start on 2 Vietnam-China high-speed railways by 2030, Hanoi says - scmp.com - China - Usa - Vietnam - Laos -  Ho Chi Minh City - province Yunnan - region Guangxi

Work to start on 2 Vietnam-China high-speed railways by 2030, Hanoi says

China is Vietnam’s largest trading partner and a vital source of imports for its manufacturing sector. The two countries are already connected via a system of highways and two railway lines that are old and need upgrading on the Vietnam side.

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Richard Heydarian - Can US-Philippine-Japanese military ties really protect regional security? - scmp.com - Japan -  Tokyo - China - Taiwan - Usa - Philippines -  Manila

Can US-Philippine-Japanese military ties really protect regional security?

Meanwhile, the Philippines and Japan are set to sign a reciprocal access agreement, which would facilitate expanded joint drills and potentially pave the way for a large-scale deployment of the Japan Self-Defence Forces to Philippine bases. Moreover, the three allies are also expected to tighten intelligence-sharing and cybersecurity cooperation with one another.

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Reuters - US coastguard rejects China claim it illegally boarded Chinese fishing boats in Pacific: ‘host nations invite us’ - scmp.com - China - Usa - county Pacific - Papua New Guinea -  Honolulu - Fiji - Samoa - Vanuatu

US coastguard rejects China claim it illegally boarded Chinese fishing boats in Pacific: ‘host nations invite us’

In the letter, Wang claimed the agreements are not binding on China’s fishing fleet.

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Thomas Thomas Shoal - Bloomberg - John Aquilino - Indo-Pacific Command - US wants to ‘flip script’, isolate China with allies’ help, says Washington’s ambassador to Tokyo - scmp.com - Japan -  Tokyo - China - Taiwan - Usa - Philippines - Washington

US wants to ‘flip script’, isolate China with allies’ help, says Washington’s ambassador to Tokyo

Rahm flagged the importance of the alliance with Japan in helping the US switch to a more multinational approach to security and economic development. The US has been known for a “hub and spokes” approach to security ties that didn’t require close relationships among its allies.

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ECHO WONG and KENJI KAWASE - Nikkei staff writers - China insurer Ping An's trust arm misses payment over property downturn - asia.nikkei.com - China - Hong Kong -  Hong Kong

China insurer Ping An's trust arm misses payment over property downturn

HONG KONG -- A trust arm under Ping An Insurance has acknowledged its failure to make an overdue payment on a product invested in a project by a Hong Kong-listed Chinese property developer, signaling that the country's real estate downturn is taking a toll on the broader financial sector.

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Fitch downgrades China outlook to negative on economic growth risks - asia.nikkei.com - China -  Beijing

Fitch downgrades China outlook to negative on economic growth risks

BEIJING, April 10 (Reuters) -- Fitch cut its outlook on China's sovereign credit rating to negative on Wednesday, citing risks to public finances as the economy faces increasing uncertainty in its shift to new growth models.

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Lai Ching - Ko Wen - Taiwan's new premier is ruling party's former chairman - asiaone.com - China - Taiwan -  Taipei

Taiwan's new premier is ruling party's former chairman

TAIPEI — Taiwan President-elect Lai Ching-te announced on April 10 that he had appointed Cho Jung-tai, a former chairman of the ruling Democratic Progressive Party (DPP), to be his premier.

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Daisuke Wakabayashi - Blizzard and NetEase Settle Their Beef, Returning Warcraft to China - nytimes.com - China -  Beijing

Blizzard and NetEase Settle Their Beef, Returning Warcraft to China

The Chinese company NetEase said on Wednesday that it had struck a deal to distribute titles from Microsoft’s Blizzard Entertainment, restoring access to popular video games like World of Warcraft for Chinese gamers.

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