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An employee works on a Changan Auto assembly line in Chongqing in June, 2020. [Photo/China Daily]
An entrepreneur who spent about 10 years in prison for contract fraud saw his name cleared in court on Tuesday and said he plans to demand more than 2 billion yuan (5 million) in compensation.
An employee counts banknotes at a China Construction Bank branch in Nantong, Jiangsu province. [Photo by Xu Jinbai / For China Daily]
Amundi Asset Management, Europe's largest such firm by assets under management, has joined hands with the wealth management arm of Beijing-based financial technology conglomerate CreditEase, marking the company's first strategic partnership in China in the wealth management sector.
An executive reshuffle at State-owned FAW Group seems likely to strengthen supportive measures aimed at helping its Chinese brands achieve their ambitious 2025 targets.