EDM1 – Issue 259

Signalling change: why China’s top two train firms are about to be merged

Plus: Volkswagen hangs on for better terms from First Auto; Sony squeezed in smartphone struggle; Hong Kong tycoon new skyscraper faces tough leasing market in Guangzhou

Also: why Beijing’s subway is bursting at the seams;Wang Qishan hires a new sheriff to help bring corrupt officials back from abroad; and Big Brother finally gets the green light for China broadcast