Bloomberg Registrations of new Tesla Inc cars in China plunged 46% in January from a month earlier as the Lunar New Year holiday and an emerging coronavirus outbreak kept vehicle buyers away. In January, 3,563 Teslas were registered in China, down from 6,643 in December, according to state-backed China Automotive Information Net, which gathers industry data based on insurance purchases. ...

Bloomberg Activity in China’s manufacturing sector contracted sharply in February, with the official gauge hitting the lowest level on record, highlighting the devastating impact of the coronavirus on the economy and raising the risk of a worsening global stock rout. The manufacturing purchasing managers’ index plunged to 35.7 in February from 50 the previous month, according to data released by ...

Bloomberg India’s nationwide roll-out of smart power meters, aimed at supporting ailing utilities and bolstering reliable electricity supply, will cost about 1.5 trillion rupees ($21 billion), according to a government estimate. The prepaid meters are expected to help to improve billing and collection, which are the most basic problems facing the country’s ailing distribution companies, known as discoms. These utilities, ...