Category: Shanghai News

Tesla’s Sales in China Surged 450% in March

Are Tesla’s fortunes in China starting to rebound? If March sales figures are any indication, it certainly looks like that may be the case. New car registration in the country soared by a staggering ……


Tesla sales in China jump 450% as it bounces back from coronavirus

U.S. electric vehicle maker Tesla’s China car registrations jumped 450% in March, month on month, data from auto consultancy LMC Automotive showed. Tesla’s China registrations rose to 12,709 units in ……


China’s management of asymptomatic coronavirus cases effective: official

A staff prepares the testing reagent in Shanghai KingMed Diagnostics in Shanghai, east China, March 23, 2020. (Xinhua/Liu Ying) BEIJING, April 15 (Xinhua) — Measures taken to manage asymptomatic ……


China-Based Executives Volunteer Time to Assist Foreign Businesses in China During COVID-19 Pandemic

A group of China-based executives has formed a free advisory service to help international business executives in China during the pandemic….


New coronavirus flare-up in China? Very important and must-know information!

In Wuhan, China has already declared victory in the battle against the Covid-19 pandemic. But, believe it or not China is facing a new coronavirus flare-up along its remote northern border with Russia ……


GLOBAL MARKETS-Asia shares take a breather, China cuts medium-term rates

Asian share markets took a breather on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage already done even as some countries tried to re-open for ……


Tesla registrations surge in China as the company’s Shanghai factory restarts

Overall auto sales in China plunged 43.4% in March, as a coronavirus pandemic continued to depress demand, industry data showed. Tesla, which started delivering cars from its Shanghai factory last ……


China Cuts Medium-Term Borrowing Costs to Record Low, Steps Up Pandemic Battle

China’s central bank on Wednesday stepped up policy support for its embattled economy, cutting a key rate to a record-low and reducing the amount banks must hold as reserves by around $28 billion as ……


Tesla’s China car registrations surge in March as Shanghai factory back up

Tesla’s China registrations rose to 12,709 units in March from 2,314 in February. Overall auto sales in China plunged 43.4% in March, as a coronavirus pandemic continued to depress demand, industry ……


China cuts medium-term borrowing costs by 20 bps, steps up fight against pandemic

The move should pave the way for a similar reduction to the country’s benchmark loan prime rate (LPR), which will be announced on the 20th, to lower financing costs for companies hit by pandemic. The ……