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Category: BUSINESS

Posted on 30/09/2024

Shanghai’s 25-year economic story has been exhilarating. We have chronicled it

Economic progress has ushered in dramatic changes in Shanghai's lifestyle. The per-capita disposable income of city residents in the last 25 years surged seven-fold to 84,834 yuan (US$12,000), ... ( read original story ...)

Posted on 30/09/2024

Tesla’s Shanghai Megafactory Reaches 60% Completion, On Track for 2025 Megapack Production

Teslas Shanghai Megafactory is now 60% complete, with production of Megapack units set to begin in early 2025. The factory aims to match Teslas California facility in producing 40 GWh annually, ... ( read original story ...)

Posted on 30/09/2024

Chinese drug maker Wuxi AppTec’s upbeat business update boosts stock despite US bill

A presentation persuaded investors that risk of a potential US blacklisting is low while growth in some business areas is ‘unprecedented’. ( read original story ...)

Posted on 27/09/2024

‘Make me look young and thin,’ I told the barber. But that sort of line doesn’t work in Shanghai

It was a line that always went down well in Beijing, where the barbers laughed indulgently no matter how often I repeated it. Here they turned and looked at me, bewildered and embarrassed on my behalf ... ( read original story ...)

Posted on 26/09/2024

IKEA shopping mall arm opens doors to $1 bln Shanghai development

IKEA's shopping malls business Ingka Centres opened a mixed-use project in Shanghai on Friday, costing over 8 billion yuan ($1.14 billion) and representing the group's largest single investment in ... ( read original story ...)

Posted on 25/09/2024

Shanghai Fashion Week’s Spring/Summer Lineup Is Here

Shanghai Fashion Week's new schedule is a dynamic mix of local names and global talent which is bound to attract guests from all over the world. ( read original story ...)

Posted on 25/09/2024

Stocks rally stutters but Hong Kong, Shanghai up on new China move

Hong Kong and Shanghai extended gains Wednesday as China announced another interest rate cut the day after unveiling a series of measures to boost the country's ailing economy. ( read original story ...)

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