News Snapshot:
South China Morning Post President Xi Jinping warned against a lopsided rush of investment into the new energy sector and promised China would be a place for fair competition in a meeting with business executives and economists, held as a row with the US and Europe over purported industrial overcapacity is all but certain to escalate. Xi, who previously warned against economic bubbles stemming from pouring an excess of resources into certain fields, said support for the "new three" commodities - electric vehicles, lithi