How China Mourned Li Keqiang Online, Until the Censors Stepped In
An outpouring on social media for Li Keqiang, the former premier who died Friday, reflected public grief for an era of greater growth and possibility.
Posted inChina Cook, Timothy D Foxconn Technology Guangdong Province (China) Hubei Province (China) Local Government Politics and Government Supply Chain Taiwan
Foxconn, China Contractor for Apple, Said to Be Under Tax Audit
Chinese state media outlets say the Taiwanese factory giant is under investigation in four provinces. The company said it treated legal compliance as a “fundamental principle.”
Posted inBankruptcies China China Evergrande Group Country Garden Credit and Debt Foreign Investments Hong Kong Real Estate and Housing (Residential) Real Estate Brokers Stocks and Bonds Suits and Litigation (Civil)
Country Garden Says Executives Have Not Fled China
The company, one of China’s biggest property developers, took the unusual step of stating that the company’s founder and its chairwoman were “working normally.”
Posted inChina Company Reports Electric and Hybrid Vehicles Factories and Manufacturing Musk, Elon Tesla Motors Inc United States
Tesla’s Price Cuts Lowered Its Profit
The carmaker made less money in the third quarter as it cut car prices to attract buyers amid stronger competition.