EDM1 – Issue 162

Shipwreck? Rongsheng buffeted by grim conditions as boss struggles with insider trading scandal

Also: Gome sells Shangdu plot as profit warning looms; Xiyang boss lashes out at North Korean “fat heads”; and local governments say they will spend big once more, but who’s going to pay for it?

Plus: Chongqing’s Billy the Kid killed in police ambush; Zhang Yimou swaps partner for private equity; and the Yiwu ‘ark’ designed to survive the end of the world