Evergrande Insolvency; RMB Internationalization; Fintech Regulatory Pressure; Quad Summit; EU Data Watchdog Investigates TikTok; Shanghai Blockchain Research Lab; Unicorns

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

Steadfast on property, incremental internationalization, and converging pressures

We join you this week with important updates: There may be no light at the end of the tunnel for China’s Evergrande, absent collateral damage to the property market.

Incrementalism continues to be the theme of the day as it relates to a global Renminbi — and yes, that means …