EMD1 – Issue 354

Billionaire border raid: Xiao Jianhua disappears from Hong Kong luxury hotel, but why was he grabbed and who is he?

Plus: the $3 trillion question about Beijing’s forex reserves; Didi’s festive fare hikes annoy customers; and is Lotte the latest victim in Korean missile row?

Also: Chinese investors get mixed reception in Australian real estate; Yao Ming is remembered as Rockets jersey is retired; and why China’s most talked about TV show involves reciting ancient poetry