Xi Calls 6.5 Percent Growth Crucial for China Prosperity
President Xi Jinping says China must achieve at least 6.5 percent growth in coming years to reach a moderately prosperous society by 2020. The Communist Party also plans to make the yuan freely tradable by 2020 and to boost growth through domestic consumption.
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Xi Jinping
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Takata 70 Million Fine Over Injuring Air Bags
Takata was fined 70 million dollars after concealing evidence about defect prone air bag inflators linked to eight deaths and over one hundred injuries. It will phase out ammonium nitrate inflators and set a two year replacement schedule, with possible recalls if deemed unsafe.
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Takata Corp
Takata
National Highway Traffic Safety Administration
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Anthony Foxx
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