EDM1 – Issue 575

Kyiv conundrum: What are the strategic ramifications of Russia’s Ukraine invasion for China?

Also: how the Fed is playing digital catch-up with China’s e-CNY; Charlie Munger doubling down on Alibaba despite its weak quarterly announcement; and China’s oldest highways begin to offer free passage for all

Plus: Cathay rival takes flight in Covid-hit Hong Kong; China’s Softbank-backed Peloton-equivalent set to go public; and the stocks getting a bump from Beijing’s new promotion of fertility treatments