Shares of China Evergrande EV unit plunge 23% after executive director is detained

Shares of China Evergrande EV unit plunge 23% after executive director is detained

A sign on the exterior of the China Evergrande New Energy Vehicle Group Ltd. research headquarters in Shanghai, China, on Friday, Sept. 24, 2021. Bloomberg | Bloomberg | Getty Images Shares of the electric vehicle manufacturing arm of property developer China Evergrande plunged 23% on Monday after the unit revealed its vice chairman had been … Read more

Climate change has displaced millions in Pakistan, China and India

Climate change has displaced millions in Pakistan, China and India

A girl sits on a cot as she crosses a flooded street in Pakistan on October 4, 2022. A record 32.6 million internal displacements were associated with disasters in 2022 — more than the 28.3 million with conflict and violence, according to the Internal Displacement Monitoring Centre. Fida Hussain | Afp | Getty Images As … Read more

Chinas Export Restrictions Stoke Fears About Battery Supply Chains

Chinas Export Restrictions Stoke Fears About Battery Supply Chains

China has slapped export controls on graphite, a key mineral used to make steel and electric car batteries, ratcheting up a trade fight with the United States over the technologies needed to wean the world’s economy off planet-heating fossil fuels. The measures, announced Friday in a joint declaration from Beijing’s Ministry of Commerce and the … Read more