China's Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group's Vision Fund 2. BEIJING/SHANGHAI, ... ( read original story ...)
METALS-Shanghai aluminium scales near 3-month high on China demand
Shanghai aluminium prices rose to a near three-month high on Friday, underpinned by a solid recovery in demand in top consumer China and falling stockpiles. ( read original story ...)
VW spending $2.2B to expand in China’s electric car market
BEIJING (AP) — Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country’s ... ( read original story ...)
India settles for VP post at China-led Bank
Indian was given a five-year term as president since NDB was set up in 2014 A former Minister from Brazil Marcos Troyjo has replaced veteran private sector banker K V Kamath as the next president of ... ( read original story ...)
China Market Update: MOMO Releases Mixed Q1 As Traders Prepare For MSCI Rebalance Tomorrow
Key News Asian equity markets saw another mixed day with Japan having a big day heading into a significant index rebalance day tomorrow. ( read original story ...)
Hubei restaurant owners in Shanghai find ways to survive amid COVID-19
Customers order food in the Hubei cuisine restaurant run by Zhang Jiening, who is from Wuhan, in downtown Shanghai. Photo: Chen Xia/GT "The temper of Wuhan people is related to the local weather. It ... ( read original story ...)
China Seen As Rising Military Power In Central Asia, Foreshadowing Future Friction With Russia
China is steadily increasing its security footprint in Central Asia and closing the gap with Russia, a trend that could see Moscow’s influence “undermined in the coming decade,” according to a new ... ( read original story ...)