Controlling the Uncontrollable: Crypto, Real Estate Tax, Cloud Computing, Carbon Peak, Apple Data, Special Weekend Edition of 23 May

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

Chi Xu

and

Ashley Tan

May 23, 2021

∙ Paid

A Letter From the Editor:

China acted to control the uncontrollable in the past week, the soaring industrial commodity prices, cryptocurrencies, and the defiant real estate asset inflation.

On Iron Ore

China’s large-scale infrastructure spending, to arrest the economy from the abyss since 2020, led to a large demand surge for steel. The mandatory closure …

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