China’s just announced it’s building a new city – 3 times bigger than New York

Capital idea? Property prices soar as Xi Jinping’s new megacity is announced

Also: China’s genomics guru hopes for unicorn moment, while BGI is to list in Shenzhen; growing Geely mulls Volvo spin-off; and mixed progress on China’s public-private investment drive

Plus: a wild ride for shareholders at selfie king Meitu; why keeping up with the Kushners may be crucial for Sino-US ties; and how to get ahead in Shanghai real estate – marry your property broker

WiC isn’t publishing an edition next Friday as it is the Easter break. The next issue is on 21 April.

Economy, Talking Point
The seat of power
In a gargantuan project, Xi Jinping orders that Xiongan becomes the ‘New Beijing’
Rail & Infrastructure
Peter pays Paul
Are public-private partnerships the way to drive the Chinese economy?
Next on the list
As BGI pushes for Shenzhen IPO, a former boss chases unicorn status
China and the World
Point man
Trump’s son-in-law at centre stage as Xi arrives
China and the World
Safe haven
Canberra shelves Chinese extradition treaty
Locked in
Authorities move (again) to close loopholes in China’s hot property markets
Internet & Tech
Beauty queen
Meitu still looking to turn a profit as its share price runs amok
China Consumer
Shanghai Bairun regroups on ready-to-drink cocktails
Auto Industry
Yield or merge?
Geely deepens integration with Volvo amid IPO spin-off talks
Roasts on the menu
A new show that mocks stars proves a big hit online for Tencent
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this week’s issue