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Meng Wanzhou flew back to China after a video link to a US court, in which she agreed to a statement of facts on the case laid by US prosecutors. A court in Vancouver then allowed her leave.
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Sales of EVs in China surged sixfold so far this year to reach a market share of 18%, compared with just 3% in the US.
Markets
Evergrande crisis adds to weakness in exchange rates as dollar rises to its strongest level in a month
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The deadline passed without a sign of bondholders being paid. Evergrande has 30 days to settle the $83.5m bill or it will be in default. This week, the PBOC injected $42bn into the banking system.... -
The PBoC was one of 10 state agencies, along with banking, securities and forex regulators, who said in a joint statement they would work closely to clamp down on crypto trading and mining... -
Chinese leader walks a tightrope between calming markets without provoking public anger. All this, a year before he’s set to be reaffirmed as chief for an unprecedented third time ... -
Hong Kong and Shanghai markets were down, but Tokyo and Mumbai were both up, with Indian stocks passing the 60,000 mark for the first time...
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Less than a year after purchasing stock in Mango Excellent Media, Jack Ma’s e-commerce giant will sell its stake in the company. Will the South China Morning Post be next?... -
Eric Xu admits new 5G-related business is yet to offset handset losses, while US Commerce Secretary Raimondo says further action against Chinese telco giant is possible, if necessary... -
Leadership hopeful seen as accommodative to new energy industry as Japan looks to modernise – and green – its power supplies... -
Ties deteriorate over island's bid to join the CPTPP. Taipei says China is intent on bullying Taiwan and has no right to comment on its bid to join the pan-Pacific trade pact....
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Editor's Pick
Brands such as Burberry are going from strength to strength in China despite official criticism of Western consumer labels
Societe Generale has selected a basket of 30 stocks it deems most likely to thrive amid China's 'profound revolution.'
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