EDM1 – Issue 451

Luckin Coffee is set for an IPO, but is it really going to overtake Starbucks in China?

Also: trade talks teeter as Trump ups tariffs; Wanda’s Wang Jianlin breaks soccer vow with Dalian deal; and Foxconn’s Terry Gou makes middleman pitch on White House visit

Plus: Tencent-backed dance app Tangdou sets sights on 400 million market; who is the Chinese pharma tycoon that paid $6.5m to get his daughter into a top flight US college; and Game of Thrones fans cry foul at censor’s edits