Financial Sector Further Openings; Dutch Government Restricts High Tech Sales to China; China-EU Rail Freight Soars; Huawei's Foes and Allies; Unicorns.

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

We explain the key capital market reform agenda and China’s official definition of a Socialist Capital Market system in a recent state meeting.

Huawei’s Harmony software has not gained enough support from the SOEs. ASML, the world’s most sophisticated manufacturing company, became a major weapon of US-China tech competition.

BRI trade accelerates.

Please…