European Union leaders are set to visit Beijing for a summit that will focus on bilateral tensions between the two sides. China is using the US presidential transition to bolster its global influence, despite ongoing trade disputes.
Meanwhile, Taiwan voters will decide whether to recall Kuomintang lawmakers due to growing discontent over policies affecting budgets and court operations.
Japan’s Bank of Japan deputy governor Shinichi Uchida is expected to outline policy directions in a speech after the recent upper house election. The ADB will release its economic outlook report, which highlights the impact of the US-China trade war on Asia.
In other news, Philippine President Ferdinand Marcos Jr. continues his US visit, and Malaysia’s consumer price index data is set for release. Indonesia’s auto show kicks off with participation from major brands, while India’s flash purchasing managers index data is also due out. Turkey will consider monetary policy changes.
This week in Asia also sees the Shanghai AI conference, which showcases cutting-edge technology exhibits from top tech companies, and Taiwan’s recall elections, where no-confidence votes are held against 24 KMT lawmakers.
Source: https://asia.nikkei.com/Spotlight/Your-Week-in-Asia/EU-China-summit-Shanghai-AI-conference-Taiwan-recall-votes