EDM1 – Issue 415

The search for success: Google’s tie-up with Chinese e-commerce giant is targeting Alibaba and Amazon

Plus: Xiaomi’s $100 billion IPO scaled back by almost half; the central bank to the rescue, as yuan slumps against the dollar; and Wanda tries again with Tencent technology play

Also: why Beijing is circled by seven ring roads; how China’s younger men are driving a cosmetics boom; and a reboot for Longquan’s robot monk