EDM 1 – Issue 471

More retail redemption for Zhang Wenzhong as Wumart swoops on Metro’s China unit 

Plus: Estee Lauder and Lancome choose male stars to market their makeup in China; Germany says no to 5G ban on Huawei; and how profits tripled in Li Ning’s stunning turnaround  

Also: KOL talent agency hit by US lawsuits; why Chinese SOEs are gathering in the Gulf of Finland; and another fashion house faux pas as Dior is mired in map controversy