EDM 1 – Issue 389

Could Xi Jinping’s second term bring a groundbreaking property tax?

Plus: Amazon sells assets in Chinese cloud deal; BGI stock up 19 times since IPO as investors go mad for gene firms; and Sogou searches for profits after New York debut

Also: Geely dreams of a flying car future; train deals derailed on local debt concerns; why an actress was banned from buying shares; and Shanghai surprise as Katy Perry denied visa for Victoria’s Secret show