Edward White (@edwardwhitenz)
@edwardwhitenz
FT China correspondent. @FT.
Normal disclaimers.
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BYD for years used billions owed to suppliers as cheap financing to fund its rapid growth from a little-known component maker to a powerhouse reshaping the world’s auto industry. Now, Beijing is forcing it to clean up its books:
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China’s revised method for reporting carbon emissions may have erased half of the rise in levels over the past five years, according to new @CREACleanAir research that raises concerns about tracking climate progress by the world’s biggest emitter. via @FT
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