EDM 1 – Issue 353

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!