EDM1 – Issue 231

First Lady fiesta as Michelle Obama tours China

Plus: Huawei holds back, despite hacking hypocrisy; how Baoding hopes to boom from Beijing overspill; and why new ‘sunshine’ rules could be start of China hedge fund industry

Also: tech firm YY is swapping karaoke for classrooms; China’s top movie mogul steps down early; and Gao Xiaosong strikes gold with homemade talk show