Conventional wisdom on the Middle Kingdom is coming under fire

Cabinet Office minister Oliver Dowden confirms that government is considering tougher controls on Beijing

Currency rebounds from 16-year low as Beijing releases positive lending data earlier than usual

Also in this newsletter: EBRD calls for anti-corruption reforms in EU accession countries

Leadership shake-up comes as ecommerce group starts breaking up its empire

End of an era with foreign lenders no longer immune to the growing tensions between Beijing and the west

Also in today’s newsletter, Western nations accept ‘climbdown’ on Ukraine and rescuers dig for quake survivors in Morocco