Welcome to Asia Week.
China's President Xi Jinping is scheduled to meet with Taiwan's former president Ma Ying-jeou on Monday or within the next few days, and Japanese Prime Minister Fumio Kishida is scheduled to leave for Washington for talks with Taiwan on Wednesday, keeping things busy on the diplomatic front. situation. US President Joe Biden and Philippine President Ferdinand Marcos Jr. – First tripartite meeting.
South Korea will vote on Wednesday, and Uniqlo's parent company Fast Retailing is scheduled to announce its financial results on Thursday.
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Monday
Mr. Xi meets with former Taiwanese leader Mr. Ma
Former Taiwanese President Ma Ying-jeou is scheduled to hold talks with Chinese President Xi Jinping, following their meeting in 2015. Mr Ma, who belongs to Taiwan's main opposition party, the Kuomintang Party and is widely seen as pro-Beijing, will be involved in 11 days of talks. Visit to China. The meeting with Mr. Xi will take place just days after Taiwan's devastating earthquake and weeks before President-elect Lai Ching-toku, who will continue to rule from the China-skeptical Democratic Progressive Party, takes office.
Yellen's visit to Beijing
U.S. Treasury Secretary Janet Yellen is scheduled to briefly respond to reporters in Beijing, completing her second visit to China in about a year. Her mission is to combat what the United States and many other governments see as an overabundance of industry that is flooding global markets with cheap Chinese exports, especially clean energy products such as electric cars and solar panels. to put pressure on Chinese officials about what is going on.
Monetary Policy: Philippines
Tuesday
Revenue: Hytera
Wednesday
South Korea goes to vote
South Koreans are scheduled to vote in the Legislative Yuan election, which will determine the extent to which President Yun Seok-Yeol can pass legislation during her remaining three years in office. The opposition party, the Democratic Party of Japan, has a majority in the National Assembly, and the People's Power Party, led by Yun, hopes to gain the seats necessary to pass the bill. Opinion polls show the opposition with a slight lead.
Japan-U.S. summit meeting
US President Joe Biden will welcome Japanese Prime Minister Fumio Kishida to the White House for an official visit, followed by an official dinner. This is the first visit by a Japanese leader in nine years.
Revenue: Seven & i Holdings, Aeon
Monetary policy: Thailand
Thursday
Leaders of Japan, the Philippines and the United States meet for talks
Japan, the Philippines and the United States will hold their first ever tripartite summit in Washington, aiming to address regional issues including China's claims to the South China Sea. Japan's Kishida told the Nikkei Shimbun in an exclusive interview that the three countries will cooperate in areas such as semiconductors, digitalization, communications networks, clean energy and critical minerals.
Separately, Kishida is scheduled to address a joint session of the US Congress. This will be the second such speech by a Japanese leader, following the speech by the late Prime Minister Shinzo Abe in April 2015.
Chinese data available
A series of economic indicators for China, including the consumer price index, are due to be released and will be closely watched amid concerns about deflation risks in the world's second-largest economy. However, thanks to consumption around the Lunar New Year, the CPI in February rose 0.7% year-on-year, higher than expected. The statistics will be followed by trade statistics on Friday.
Achievements: Fast Retailing
Friday
US Steel holds stakeholder meeting regarding acquisition of Nippon Steel
U.S. Steel will hold a special meeting of stakeholders as Japan's planned takeover by Nippon Steel sparks controversy. The union at America's iconic steelmaker, backed by President Joe Biden, is wary of the deal, although major shareholders support the move.
Monetary policy: Singapore, South Korea
GDP: Singapore
Saturday
China Consumer Expo in tropical Hainan
China opens its largest consumer products trade show on Hainan Island, with thousands of brands from around the world showcasing their latest products. The incident comes as the government looks for ways to stimulate sluggish domestic demand.