One of the key focus areas of this joint venture will be to pursue the development of the EV ecosystem and to take a leadership position in this space,' says JSW Group’s Parth Jindal ... ( read original story ...)
Two top executives linked to China shadow bank Zhongzhi go missing
SHANGHAI -- Two companies linked to troubled Chinese shadow bank Zhongzhi Enterprise Group said they have lost contact with their chairpersons, raising speculation that they have been detained by ... ( read original story ...)
China’s Xi Jinping focuses on tech innovation, supply chains during first Shanghai visit in 3 years
Emphasis on tech self-reliance comes weeks after telling Joe Biden measures taken by the US have seriously harmed China’s legitimate interests. ( read original story ...)
Stock market today: Asian shares mostly higher ahead of US price update, OPEC+ meeting
General Motors surged 9.2%. The company announced a big stock buyback, raised its dividend and told investors it won't have any trouble absorbing the costs of its new labor contract. The stock is ... ( read original story ...)
Xi Jinping visits financial hub Shanghai for first time in three years as Chinese economy sputters
Chinese President Xi Jinping visited Shanghai for the first time since 2020, as his government steps up efforts to prop up the country’s economy and financial markets. ( read original story ...)
Xi in Shanghai First Time Since 2020, Showcasing Tech, Finance
President Xi Jinping visited Shanghai for the first time in three years, putting a spotlight on China’s top financial center as investors look for policymakers to boost waning private sector sentiment ... ( read original story ...)
Xi’s First Shanghai Visit Since 2020 Showcases Tech, Finance
China has in recent months amped up efforts to support the property sector after a sharp downturn hurt economic growth. “Shanghai is the most-developed and most-open area of China,” said Wang Huiyao, ... ( read original story ...)