China's Media Campaign;Dairy Companies facing more Oversight; Education Reform;China's Vaccine Global Effort;ASEAN Regional Forum; ByteDance's HK IPO Plans; Meituan’s $1 Billion Fine;Unicorns.

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

China’s restrictions on its tech sectors and other sectors of the modern economy continue. The latest wave concerns the infant formula industry, following the game industry warning last week.

Meituan’s antitrust fine is estimated at $1 billion, just over a third of Alibaba’s.

China and the US exchange firey remarks again at 11 rounds of ASEAN meetings l…