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China takes a scalpel to auto overcapacity, driving 8 firms out

According to a comprehensive review of recent reports from media outlets including the Beijing News (Xinjingbao), it was not an exaggeration to say that the Chinese economy has been facing difficulties due to overcapacity in each industry from several years ago. This could be said to be especially true in the automobile industry, where numerous companies are..

[Asia Issue] Diplomatic dexterity of Xi and Wang Yi puzzles US
The global diplomatic offensive orchestrated by the formidable tag team of General Secretary and President Xi Jinping and Wang Yi, Member of the CPC Centra..

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