EDM 1 – Issue 590

Congress readies new law in move to restrict US investment in China

Also: Beijing blasts the Fed after rate hikes; Wingtech bids for a bigger bite of Apple contracts; and what last weekend’s 618 festival spend says about the economy 

Plus: Henan bank bosses take the heat after ‘health code’ app scandal; why an IKEA Shanghai store is shutting down; and how the BRICS summit gave Putin a diplomatic coup