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Evergrande Gave Workers a Choice: Lend Us Cash or Lose Your Bonus

When the troubled Chinese property giant Evergrande was starved for cash earlier this year, it turned to its own employees with a strong-arm pitch: Those who wanted to keep their […]




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Evergrande Gave Workers a Choice: Loan Us Cash or Lose Your Bonus

When the troubled Chinese property giant Evergrande was starved for cash earlier this year, it turned to its own employees with a strong-arm pitch: Those who wanted to keep their […]




Posted on

In China, an Electric Car Maker Loses Money but Thinks Big

HEFEI, China — Walk around the sprawling auto factory in central China, and the wealth pouring into the country’s electric car industry quickly becomes clear.Rows of bright orange, 15-foot-tall robots […]