EDM 1 – Issue 564

Screen test: what came out of the Biden-Xi online summit

Also: Tencent taps metaverse trends in next-generation growth plan; why Singles’ Day was more muted this year; and which stock went up 500% as Beijing’s new bourse gets off to a flying start?

Plus: how former tutor king New Oriental is planning a pivot into farming; Laoxiangji hopes for a fast-food first with domestic IPO; and the corgi killing that caused consternation on Chinese social media