Wu Xiaobo and two other writers who weren’t fully named “attacked and undermined” Chinese policy and spread “negative and harmful information,” according to a statement by Sina Corp’s Weibo.
He regularly writes for Caixin Global and has published bestselling books on Tencent Holdings Ltd and China’s economic transformation.The suspensions are likely to increase concern among foreign investors about access to independent information on Chinese companies and the economy at a time when the investing outlook is deteriorating.
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More China EV makers eyeing Thailand as production base, says business groupBANGKOK: More major Chinese electric vehicle makers are eyeing Thailand as a manufacturing and distribution base to neighbouring economies, according to the Thai-Chinese Chamber of Commerce. Prospects are backed by recent investment incentives in the country for Chinese automakers, and investments are pouring in, the chamber’s chairman Narongsak Putthapornmongkol said on Sunday. China’s Hozon New Energy Automobile Co. will start production in Thailand to sell to South-East Asia in 2024, becoming the latest EV maker to begin building a supply chain in the region’s top auto-manufacturing hub. Chongqing Changan automobile and GAC Aion have also...
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