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China’s EV, solar stocks have more room to run, say funds

Bloomberg Some of the world’s biggest money managers say the strong rally in China’s renewable energy stocks has more legs, citing the sector’s rosy earnings prospects and policy support. BlackRock Inc, Aberdeen Standard Investments Ltd and UBS Global Wealth Management are among those backing investments in Chinese electric vehicle-related companies and solar firms. Their endorsement comes as the world’s largest ...

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Europe’s diplomats to China stress on human rights, respect

Bloomberg Leading European diplomats in Beijing stressed their commitment to human rights and appealed to China for mutual respect and understanding following a defiant speech from Foreign Minister Wang Yi. References to human rights are “foundational matters” and not a geopolitical game, Caroline Wilson, the UK’s ambassador to China, said on a panel discussion on Sunday. China’s attitude is not ...

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Biden takes ‘return to normal’ message to swing state Michigan

Bloomberg President Joe Biden traveled to Michigan to underscore US progress in fighting Covid-19, part of a slate of Fourth of July weekend events by the administration to signal a return to pre-pandemic life. Biden picked a battleground state where he beat Donald Trump by 3 percentage points in the 2020 presidential election and where Democratic Governor Gretchen Whitmer has ...

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