Category: BUSINESS

Tesla has reached an agreement with Shanghai authorities that would make it the first foreign automaker to build its own plant in China, putting it in the driver's seat in the world's biggest electric-vehicle market, the Wall Street Journal reported. ( read original story ...)

Shanghai-related stocks advanced on Friday as the city's Party chief confirmed plans to reinvent its pilot free trade zone as a world-class free port. The port has entered the "planning stage" and needs to get the green light from the central authorities ... ( read original story ...)

HONG KONG (Reuters) - Shanghai Pharmaceuticals Holding Co has bid for Cardinal Health Inc’s China business as the U.S. company looks to sell ahead of China’s planned drug distribution reform. Shanghai Pharma submitted two non-binding bids to buy ... ( read original story ...)

HONG KONG (Reuters) - Shanghai Pharmaceuticals Holding Co said it has bid for Cardinal Health Inc’s China business, as the U.S. drug distributor looks to exit over worries China’s upcoming drug distribution reform could slow its growth. Shanghai Pharma ... ( read original story ...)

Shanghai authorities have rolled out new measures to woo more foreign-funded research and development centers to the city as part of the efforts to transform it into a global technological innovation hub by 2030. According to the 15-article policy ... ( read original story ...)

In Photo: Roger Federer takes advantage of three of seven breakpoint opportunities in the match. SHANGHAI—Roger Federer extended his winning streak over Rafael Nadal this year to four matches after beating the top-ranked Spaniard, 6-4, 6-3, to win the ... ( read original story ...)

SHANGHAI - China's first Fraunhofer intelligent manufacturing center will be established in Shanghai, according to an agreement signed Saturday. The deal was signed by Shanghai Jiao Tong University, Shanghai Lingang Area Development Administration and ... ( read original story ...)