EDM 1 – Issue 454

How SMIC’s exit from New York tells a story about Sino-US tech rivalry

Plus: Cheetah Mobile tells WiC how it attracted 500 million users; why fruit prices have surged 78% in Beijing; and Bytedance targets Tencent (again) with Flipchat launch

Also: how Dongguan wants to channel some of the Stanford spirit; the mixed signals from the probe into former stock market boss; and the tycoon who tried to sell his ‘pig’ to Coke a decade ago finds a new buyer