Dealmaking king Ning Gaoning takes the helm as China combines two of its petrochemicals giants
Also: Danone divests its stake in dairy giant Mengniu; BYD’s EV chipmaker is set for a share sale on ChiNext; and why Tencent is paying people to watch its new video-streaming service Pianduoduo
Plus: Shenzhen’s shoppers scatter as 350m skyscraper wobbles; Taiwanese tech firm risks China boycott with derisive internet posting; and why Amazon has banned 11 Chinese brands from selling on its US site