Bloomberg China Investment Corp. has sold its stake in Blackstone Group LP, ending an investment stretching back to before the US firm’s 2007 IPO. The sale, disclosed in Blackstone’s annual report released earlier this month, marks the end of CIC’s more than decade-long ownership of the firm’s shares, a partnership that was noted as an early example of China’s growing ...

Bloomberg Vietnam’s economy will grow faster this year than in 2017 and will see only a “minor” impact from President Trump’s trade tariffs, according to a senior government official. The Southeast Asian nation’s government hopes to discuss “some sort of trade agreement” with the US—its biggest export market—to ease any barriers, said Truong Van Phuoc, head of the National Financial ...

Bloomberg Nissan Motor Co. is doubling down on its push in China, naming one of its top executives to head operations in a market the carmaker expects to be its biggest growth driver over the next five years. Chief Performance Officer Jose Munoz, promoted to his current role more than a year ago, will take on added responsibility as head ...