Category: Shanghai News

China pulls ahead among major economies in post-covid recovery

China reported third-quarter growth figures that will probably make it the only country to grow, rather than contract, in 2020….


Tesla exporting China-made Model 3s to Europe

U.S. electric vehicle maker Tesla Inc said on Monday it would start exporting China-made Model 3 cars to more than 10 European countries this month. Tesla, which started delivering vehicles made from ……


Tesla to export China-made Model 3 vehicles to Europe

Tesla Inc said on Monday it would start exporting China-made Model 3 cars to more than 10 European countries this month, joining a growing number of automakers using China as an export hub for ……


China’s Ant wins Hong Kong nod for $35 billion dual listing, sources say

ANTG.HK] has won approval from the Hong Kong stock exchange for the offshore leg of its IPO, two sources said, clearing the last key regulatory hurdle to launch its dual-listing expected to be worth ……


Tesla to Start Exporting China-Made Model 3 Cars to Europe

Tesla Inc. will start exporting Model 3 cars made at its gigafactory on the outskirts of Shanghai to Europe from later this month, the automaker said in a statement sent via WeChat….


Alibaba Takes on Walmart in China With $3.6 Billion Investment in Hypermarket Chain

The e-commerce giant plans to double its stake in Sun Art Retail Group, which operates more than 480 supermarket-department stores in China under the RT-Mart and Auchan brands….


Bears Maul Zookeeper to Death in Front of Visitors in China Animal Park

Authorities have launched an investigation into the incident, which occurred on Saturday inside an area only accessible to visitors from a zoo tour vehicle….


China tells U.S. companies that they are welcome in its market

China welcomes U.S. companies to actively participate in its market and will strive to create a fair and just environment, the industry ministry said on Monday, citing a meeting it held with firms ……


China’s $1.5 million digital currency giveaway impressed analysts. Shoppers, not so much

China’s experimental $1.5 million giveaway of digital yuan to Shenzhen citizens ended on Sunday with acclaim from currency analysts – and scepticism from some users saying they preferred existing ……


Asia-Pacific stocks mixed as China reports third-quarter GDP jump; Alibaba shares in Hong Kong rise

GDP grew 4.9% as compared to a year ago, according to data released Monday by the country’s National Bureau of Statistics….