China Tech

President Donald Trump is reportedly planning new curbs on Chinese investments in the U.S. and on some technology exports to China in order to counteract the Made In China 2025 initiative that would see China become both self-sufficient and globally dominant in automated industry. U.S. industry is apparently more concerned about the blocks on tech exports than it is on the Chinese investment stuff, as that's already tapered off dramatically. Wall Street Journal

Chinese Reserves

In order to mitigate the impact of the trade war with the U.S.--and deal with a slowing economy--China's central bank says it will reduce its reserve requirement ratio for large commercial banks by half a percentage point. The move should put more than $100 billion extra into the Chinese financial system, while avoiding the need to explicitly call it monetary easing. Some analysts say it's a "sensible offsetting move to Trump's trade policies," while others note that China is running out of retaliatory options. Financial Times

GE and Advent

General Electric may soon sell its distributed power business division to private-equity outfit Advent International, per the Journal. Sources told the paper that Advent beat Cummins in an auction for the division. GE, which just fell off the Dow Jones Industrial Average, is trying to simplify its portfolio. The business being sold here makes Jenbacher and Waukesha gas engines, which are used to generate electricity in rural areas and industrial operations. WSJ

Meituan-Dianping

China's Meituan-Dianping, a platform for everything from food delivery to ticketing services, reportedly aims to raise more than $4 billion in a Hong Kong IPO. Hong Kong recently started allowing companies with a dual-class share structure to file there and, following the lead of Xiaomi earlier this year, Meituan-Dianping looks set to take advantage of the shift. The Tencent-backed firm was valued at $30 billion in a round last year. Reuters

Erdogan Victorious

Surprise! Turkish strongman Recep Tayyip Erdogan, who has jailed many opponents and taken control of much of the Turkish media, has won the country's presidential election and will now assume new levels of control over the country's government and judiciary. Erdogan, who has ruled for the last 16 years, may still be around for the next decade. Guardian

Brexit vs. Business

The British health secretary has attacked Airbus and BMW for warning that they might pull investment from the U.K. due to the uncertainty around Brexit. Jeremy Hunt said it was "completely inappropriate for businesses to be making these kinds of threats." "The more that we undermine Theresa May the more likely we are to end up with a fudge, which would be an absolute disaster for everyone," he added. BBC

Brexit and the Hedge Funds

Bloomberg has a blockbuster piece on how polling companies charged hedge funds for a lucrative heads-up on the outcome of the 2016 Brexit referendum--notably Survation, run by a friend of Brexit figurehead and former commodities trader Nigel Farage. After the vote closed, Farage conceded a narrow defeat, apparently after having been privately told that the vote probably went in his favor. Whether intentional or not, Farage's statements likely helped briefly drive the pound higher just before reality sunk in, and short-sellers made a lot of money. Bloomberg

HB-No

China (lots of that today!) has blocked HBO's website over comedian John Oliver's mockery of President Xi Jinping. Xi is very touchy about people noting a resemblance between him and Winnie the Pooh, and Oliver went there. First the censors scrubbed mentions of Oliver from Chinese social media; then came the HBO site block. YouTube, which also carries clips of Oliver's show, has long been blocked in China. South China Morning Post

This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.