SOE Reform; Anti-Espionage Regulations; China’s Vaccine Relief in South Asia; Tesla Brake Failure; TSMC Chips Investments; Ant Financial’s Woes Deepen; Iron Ore Demand; Unicorns.

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

The Chinese government has clearly stepped up efforts in governing one of the most thorny challenges to global governance today, data security and national security. This week, Chinese bodies unveiled major regulatory updates to the anti-espionage law and the data security law. We will be reviewing in series over the coming days.

As a result, Ant, Tesl…