EDM 1 – Issue 595

Market maker: how CMRG is China’s latest effort to get a grip on iron ore prices

Plus: a conundrum in Kentucky as CATL plots for global EV battery growth; Didi hopes for clear road ahead after being hit with Rmb8 billion punishment; and how Dior caused controversy over a Song Dynasty ‘horse-face’ skirt

Also: all change at troubled semiconductor giant Tsinghua Unigroup as Wise Road takes charge; could ready-made meals make it 15th time lucky for serial entrepreneur Luo Min; and how China’s AI firms are still hunting for profits

WiC is away for the first two weeks of August on its summer break. Our next edition will be published on August 18, 2022