China's Evergrande Downgraded; Dalian's Japanese Street; UK-US Coordination on Taiwan; 13th BRICS Summit; Wealth Management Funds Look for Licensure; Unicorns

Intelligence and Insights on China's government actions, foreign policy, economy, and the capital markets.

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Today we send you into the weekend with an update on the BRICS summit, which got underway yesterday. Outside China, Washington and London are finding synergy on Taiwan.

Domestically, a top attraction for travel hungry Chinese was promptly shut down, and one of the country’s largest real e…