Trump and Xi Need to Resolve the Trade War, but Real Peace Is Unlikely

“We’re very well along,” says President Trump about U.S.-China trade talks. “Significant work remains,” caution his spokespeople. Negotiators representing the world’s two largest economies have worked hard for months to resolve long-standing conflicts over market access, protection of intellectual property, and other issues that led Trump last year to order billions of dollars in tariffs…

Didi steps up financial drive as it courts car leasing companies

Didi Chuxing is making a further push into the financial arena as it looks to diversify its business amid huge losses. We reported in January that the company, which controls a dominant slice of China’s ride-hailing market, released financial and insurance products targeting riders and drivers. Its service offering just broadened after the startup launched […]