China's Got a Brand New, New Brand Car

Tata Motors Ltd.’s Jaguar Land Rover unit and Chery Automobile Co. will invest 10.9 billion yuan ($1.75 billion) to build a manufacturing plant in eastern China and create a new brand to cater to the nation’s consumers.

IMF Expected to Include Yuan in SDR Basket
14:14 - Mo Apabhai, head of Asia trading strategy at Citigroup, discusses the IMF's decision to include the yuan in its SDR basket and China's factory PMI data due out later this week. He speaks to Bloomberg's Zeb Eckert, Yvonne Man, Angie Lau and Rishaad Salamat on "Asia Edge." (Source: Bloomberg)
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