EDM 1 – Issue 588

Home team rescue for Henan’s property giant, as state-backed bailouts spread in real estate

Also: Chinese EV battery firms hunt for African raw materials; why China is set for pole position in autonomous driving; and is the regulatory nightmare nearly over for Ant and Didi?

Plus: Covid crisis adds extra stress for this year’s gaokao takers; Moutai targets younger crowd with boozy ice cream; and why the NFT sneaker craze has just come to an abrupt halt in China