EDM 1 – Issue 364

Property conglomerate Evergrande has enjoyed phenomenal growth but also incurred gargantuan debt

Also: Tencent won’t tip in payment row with Apple; Legend loses interest in baijiu investment; and former fugitive Feng Xiaoshu is hit with a half a billion yuan fine for his IPO shenanigans

Plus: Beijing is made beautiful for Belt and Road summit; Yanzhou Coal gets approval for Aussie mine purchase from Rio Tinto; and why shoemaker Belle is being taken private by two of China’s private equity giants