Bloomberg In a move aimed at cutting tax evasion, China will start exchanging information on residents’ financial investments with about 100 other countries from this month. The information exchange will give tax officials a better view of Chinese residents’ overseas financial investments and earnings. The change is part of the Common Reporting Standard, a global agreement on sharing tax data ...

Bloomberg The US-China trade war threatens to make September a very slow month at ED Opto Electrical Lighting Co.’s auto-parts factory in the eastern Chinese city of Zhenjiang. With President Donald Trump slapping tariffs on items like car gaskets and ignition wiring sets in July, American buyers of the company’s LED car lights pushed hard over the summer to get ...

Bloomberg Tesla Inc.’s lead in battery technology gives it a cost advantage that may last for several years and help US electric-car maker face down an onslaught of new competition, according to research from Bloomberg New Energy Finance. Batteries made by the US manufacturer and its Japanese partner, Panasonic Corp., require less cobalt, the metal whose price has shot up ...