More than a year ago, the new leadership in Beijing said the market should be given a bigger say in the country's economy.
The saga of Kaisa Group Holdings, however, showed otherwise, with the Shenzhen authorities in the driver's seat all the way.
Powerful, penetrating, weekly analysis that takes readers behind the headlines of major deals and market moves in Hong Kong and mainland China and gives them a fresh perspective on what is really going on.
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