China, U.S. Start-Up Team in Coal-Conversion Deal

Capping off a week in which the theme of cooperative business relations dominated a U.S. visit by China's next leader, a major Chinese industrial conglomerate will sign a $1.25 billion partnership with a small U.S. tech start-up that converts coal into natural gas.

The deal between China Wanxiang Holdings and Cambridge, Mass. ... Read full article