Alibaba unveils first in-house chip for AI applications following Huawei's lead; FTSE Russell leaves out Chinese government bonds from major index; and Shanghai releases interim measures to trial public data system
China-U.S. trade war further escalates with latest retaliatory tariff hikes from both sides; Chinese outbound M&A continues downward spiral amid trade war and heightened regulatory scrutiny; Goldman Sachs set to take majority control of Chinese securities JV; and Beijing to trial foreign investment in VPN services by the end of the year