Tesla's Shanghai plant has started Model Y production with new cost-cutting manufacturing methods, Chinese state media Shanghai Securities News reported on Wednesday. The company pioneered the use of ... ( read original story ...)
As China stocks slide, trading sinks amid US$955 billion market wipeout in Hong Kong, Shanghai and Shenzhen
Traded volume in Hong Kong's stock market slumped to a one-year low on September 20, or 38 per cent below the average in the first half Some US$955 billion has been erased from stock capitalisation in Hong Kong, ( read original story ...)
Chinese social media censored a top economist for his bearish predictions. He now warns that China’s property crisis will take a decade to fix
“Fixing the property sector may be a multi-year or even a decade’s work in front of us,” Hong Hao, chief economist for Shanghai-based hedge fund Grow Investment, said on CNBC on Tuesday. That will ... ( read original story ...)
Chinese property developer Seazen to sell Changzhou Hengxuan for $187 mln
Seazen Group said on Tuesday Asian investment firm PAG's subsidiary had agreed to buy the Chinese property developer's business, which controls Shanghai Xingyi Cinema Management, for 1.37 billion yuan ... ( read original story ...)
Stock market today: Asian shares dip with eyes on China economy, US shutdown
Asian shares are mostly sinking over worries about a possible U.S. government shutdown and the troubled Chinese economy ... ( read original story ...)
Elon Musk’s Shanghai-built Tesla EVs targeted in EU probe into Chinese state subsidies to avoid ‘a race to the bottom’
EU Trade Commissioner Valdis Dombrovskis will include Shanghai-built Teslas in his Chinese state aid probe. Simon Wohlfahrt—Bloomberg via Getty Images When historians look back on the electric vehicle ... ( read original story ...)
Shanghai Fashion Week Gears Up for Full Return With Spring 2024 Edition
Stella McCartney will make its Shanghai Fashion Week debut to close the showcase on Oct. 16 with a repeat show of the spring 2024 women’s collection, to be first revealed in Paris later this week. A ... ( read original story ...)