Big bet: do imports of thoroughbreds hint at the legalisation of gambling on Chinese horse races? If so, it could lead to six million new jobs and a multi-trillion betting industry
Plus: Tesla toils for Model 3 moment; Liaoning lifts the lid on China’s worst-kept secret; how the stress is shifting in shadow banking; and what’s in a Mandarin name for Donald Trump?
And read our backgrounder on Chinese New Year, which includes predictions for your zodiac sign in the Year of the Rooster.
This is a Chinese New Year Double Issue. WiC isn’t publishing next Friday.
Gong Xi Fa Cai!