This week, in China:

A flurry of defaults sends a shiver through China’s bond markets

Also: $50bn unicorn Kuaishou plays up livestreaming e-commerce as IPO looms; Japanese fashion firm Renown laid low by Chinese owner Ruyi; the boss of Luxembourg’s bourse talks to WiC about green bonds and China

Plus: Amazon and Google pair up with Baidu and NetEase; content king Mango Media brings in Alibaba affiliate as investor; and another war drama displeases the censors – this time for its haircuts and posh HQ