Chinese Electric Vehicle Maker NIO divests from US listing, creating new entity “NIO China” in order to receive $1.5bn in state funding

asia.nikkei.com/Spotlight/Electric-cars-in-China/China-s-NIO-to-receive-1.5bn-state-investment-as-EV-subsidies-fade The Shanghai-based, New York-listed company announced on Tuesday it has entered into a framework agreement with Beijing E-Town Capital to establish a new entity, NIO China, in the city’s … Read more

THE AFGHAN MESS: How To Get Out Without Creating Another. “Reality is, no army in history has successfully controlled all of Afghanistan — not Alexander the Great, not Genghis Khan, not the British, not the Russians, not the Americans.”

via hotair: The initial goal of invading Afghanistan in the immediate weeks after 9/11 could not have been more clear: Get Osama bin Laden and oust the Taliban regime that gave … Read more