Chinese leaders pledged stepped-up efforts to boost slowing growth, as they try to manage a downshift in a maturing economy and fallout from the trade war with the U.S., the Wall Street Journal reported. An economic blueprint, approved today by President Xi Jinping and other Chinese leaders at the end of an annual closed-door conclave, promised more fiscal and monetary measures with the aim of supporting everything from consumption to infrastructure investment and employment in the coming year—all to ensure that the growth rate will be kept stable.

Carlos Ghosn, the longtime head of Nissan Motor Co. and Renault SA, is preparing for the first of two trials in 2020 for what prosecutors and his former colleagues at Nissan call a pervasive pattern of financial misconduct and raiding of corporate resources for personal gain, Bloomberg BusinessWeek reported. He denies wrongdoing, saying that he’s the victim of a plot by Nissan executives and Japanese government officials to prevent further integration with Renault. A guilty verdict in either case could put the 65-year-old in a Japanese prison through the 2020s.

Koovs Plc said today that it would apply to place the online fashion retailer into administration as Indian billionaire Kishore Biyani’s Future Lifestyle Fashions failed to invest a further 6.5 million pounds ($8.34 million), Reuters reported. Koovs said that it could not get alternative funding and expects its assets to be bought from the administrator by a company connected to the Koovs’ largest secured creditor and chairman Waheed Alli, ensuring the continuation of the operating business.