Chinese property stocks surge after central bank vows more support for private businesses

[ad_1] The broader Hang Seng Mainland Properties Index rose as much as 4.76% before paring gains, as Chinese real estate stocks surged on Friday morning. This comes after the People’s…

General Motors’ China business is hurting, and it’s not just because of Covid

[ad_1] The world’s largest automotive market — China — is becoming increasingly challenging for U.S. brands, especially General Motors. The company’s market share in the country, including its joint ventures, has plummeted…