China’s Economy Grew Last Year, but Strains Lurk Behind the Numbers

China’s Economy Grew Last Year, but Strains Lurk Behind the Numbers

Gross domestic product expanded 5.2 percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home.
Hertz Will Sell Electric Cars After Being Burned by Tesla’s Price Cuts

Hertz Will Sell Electric Cars After Being Burned by Tesla’s Price Cuts

The rental car company blamed the sharp drop in the value of electric vehicles and higher repair costs for its decision to sell 20,000 cars.