What's in this episode: TOP BIT: Travel Warnings, Warships, and Sharp WordsJapan's PM Sanae Takaichi states a Chinese attack on Taiwan poses an "existential threat" to Japan, sparking a diplomatic storm.Beijing responds with harsh rhetoric (a diplomat suggesting Japan's "dirty neck" be "severed") and summons ambassadors.China issues travel warnings for Japan, leading to free rebookings/refunds for flights.Increased military presence: China's Coast Guard patrols near disputed islands; Taiwan r...
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What's in this episode: TOP BIT: Travel Warnings, Warships, and Sharp WordsJapan's PM Sanae Takaichi states a Chinese attack on Taiwan poses an "existential threat" to Japan, sparking a diplomatic storm.Beijing responds with harsh rhetoric (a diplomat suggesting Japan's "dirty neck" be "severed") and summons ambassadors.China issues travel warnings for Japan, leading to free rebookings/refunds for flights.Increased military presence: China's Coast Guard patrols near disputed islands; Taiwan r...
China: 1 new billionaire per day | asiabits Oct 30 2025
asiabits
6 minutes
2 weeks ago
China: 1 new billionaire per day | asiabits Oct 30 2025
What's in this episode: Financial Markets: Fed cut rates by 0.25 pp to 3.75–4.00%. Singapore’s ETF market hit a record S$16.3 billion AUM (+40% YoY).Top Bit: China’s Super-Rich Smash Records:China now has 1,434 super-rich individuals; total wealth rose 42% to 30 trillion CNY ($4.1T USD).376 people made the list for the first time this year, with 60% of the Top 100 coming from high-tech and industrial sectors.India is catching up with 358 billionaires (+30% YoY).Number of the Day: 993 million—...
asiabits
What's in this episode: TOP BIT: Travel Warnings, Warships, and Sharp WordsJapan's PM Sanae Takaichi states a Chinese attack on Taiwan poses an "existential threat" to Japan, sparking a diplomatic storm.Beijing responds with harsh rhetoric (a diplomat suggesting Japan's "dirty neck" be "severed") and summons ambassadors.China issues travel warnings for Japan, leading to free rebookings/refunds for flights.Increased military presence: China's Coast Guard patrols near disputed islands; Taiwan r...
