China’s Contagious Crisis, Singapore Fun: Saturday Asia Briefing
Your weekend reading.
F1 is back in Singapore, with the kings of motor racing battling for pole position tonight, while the Kings of Leon help entertain the crowds.
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With Max Verstappen and Post Malone among the thousands descending on Singapore for its preeminent tourism event, the little red dot is in the spotlight this week. Elsewhere in the region, optimism fueled by Arm’s successful IPO gave way to fears of a semiconductor slowdown, while China’s yawning property crisis could have far-reaching effects. Here’s your guide to the weekend.
An exodus of funds from Chinese assets — $188 billion in under two years — is reinforcing China’s decoupling from the global market.