In the spring of 2019, a quiet but historic event shook China’s banking sector: Baoshang Bank collapsed. It was the first true bank failure in the country since the founding of the People’s Republic, ...

Contemporary Amperex Technology Co. Ltd. (CATL) (300750.SZ) has made it clear that it’s going big on battery swapping stations. In December, CATL’s billionaire founder and chairman, Zeng Yuqun, ...