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Welcome from Shanghai. I'm writing Future from China this week and packing as much as I can from the trip into today's newsletter. Let me know what you think. We were in Beijing on Monday and Tuesday, and now have moved to China's financial capital.

Meanwhile, thanks for subscribing. Consider inviting your friends and colleagues to sign up. I'd love to hear your ideas: Just hit reply to this email or shoot me a message at steve@axios.com. Let's start with ...