Mercedes in China Apologizes for Quoting Dalai Lama Abroad

Mercedes-Benz issued an apology in China on Tuesday for quoting the Dalai Lama, the Tibetan spiritual leader who is reviled by Beijing, on social media abroad in a reflection of foreign companies’ heightened sensitivity to the Communist government’s possible reaction to their global activities.

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Class Claims Ballard Overhyped Electric Bus Project in China

Shareholders claim in a class action that fuel-cell maker Ballard Power Systems overstated the number of its electric buses operational in China and misled investors about the viability of future business opportunities, causing its share price to fall 20 percent on the news.

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