EMD1 – Issue 358

ZTE pays the penalty for breaching American export laws

Plus: how Oppo took over in Chinese smartphone sales; shortsellers target smelter of Shandong’s richest billionaire; and Alibaba’s Ma asks for counterfeiters to be punished like “drunk drivers”

Also: Wanda drops Dick Clark deal; we look at the PE firm that’s made 10 times its money on the recent SF Express listing; and just how advanced are China’s ambitions to pioneer driverless cars