National Disposable Income ;"Millennium Rain" in Henan; Amazon closes some Chinese Retailers;E-CNY at Beijing Olympics;U.S's Taiwan Partnership Act; Bytedance under Watch;Unicorns.

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

Henan suffers the heaviest rainfall on record. Cities are flooded and under emergency.

Bytedance halts its IPO plans and is under the regulator’s watch. Its Toutiao sees new registrations partially suspended.

Amazon removes Chinese retailers in volumes due to unfair platform practices.

US Senate proposes Taiwan Partnership Act. Meanwhile, Senators move t…

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