The Daily Roundup

The Wall Street Journal NIO’s Net Loss Widens, Revenue Misses Expectations — NIO’s net loss unexpectedly widened in the fourth quarter despite stronger sales as the Chinese carmaker faced an intense price war in the world’s largest electric-vehicle market. AstraZeneca Invests $2.5 Billion in R&D Center in China — The pharmaceutical company said the investment in the research-and-development center in Beijing will bolster its footprint and growth prospects in the country.

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