• Notes from Utopia:
• The Tropicalist discusses what happened the last time the world had to diversify its supply chain away from China
• Hosts Jesse & Madhavi discuss:
• Asia's newly minted COVID billionaires and the booming sectors they represent.
• The red flags in Hin Leong and Luckin' Coffee.
• CEO culture in Asia.

Links

• Asia’s Richest in 2021.
• How selling water can make you China’s richest man.
• Midea expands overseas production as it eyes 10 percent global market share.
• Midea expands production in India.
• Supply chains turns to India, Vietnam to diversify outsourcing.
• China’s home delivery services way ahead of the pack.
• The Hin Leong Collapse.
• Luckin’ Coffee fraud is a morality tale for investors.
• Demand for herbal remedies in Indonesia rises during COVID.
• Emtek bets heavily on streaming and Indonesia’s digital economy.
• India’s vaccine billionaires.
• India’s COVID billionaires in other sectors.
• Homegrown social media alternatives poised to take off post COVID.
• Malaysia’s rubber glove tycoons ride the skyrocketing demand for protective gear.
• Pakistan begs China for power debt forgiveness.

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