Uzbek investment

CHINA’S investment in Uzbekistan now matches that of Russia, according to a figure announced Tuesday by Chinese Foreign Minister Wang Yi, highlighting China’s growing role as a regional economic powerhouse.

China has invested a total of US$6 billion in the Central Asian nation, Wang told reporters in Tashkent, where he was attending a meeting of the Russia- and China-led Shanghai Cooperation Organization security bloc. “China is becoming one of the biggest investors for our partners (in Central Asia),” Wang said.

Maserati recall

ITALIAN luxury carmaker Maserati will recall 19,970 vehicles on the Chinese mainland over a defect in rear wheels, China’s top quality watchdog said yesterday.

The affected vehicles include imported Maserati Quattroporte and Ghibli models manufactured between March 22, 2013 and Oct. 29, 2015, according to the General Administration of Quality Supervision, Inspection and Quarantine.

The recall is set to begin June 13.

A defective design of the rear wheels may result in positioning failure and loss of vehicle control, increasing safety risks, the watchdog said.