US automaker Tesla's Shanghai Gigafactory more than doubled its vehicle exports in the first half of 2022 despite the resurgence of COVID-19 The factory exported 97,182 automobiles in the January-June ... ( read original story ...)
China’s residents seek shelter underground as heatwave scorches parts of Europe, US and Asia
Wifi-equipped air raid shelters have been opened in China for those seeking shade, as much of Europe, the US and China swelter under a heatwave ... ( read original story ...)
China central bank renews medium-term policy loans, rate unchanged for a sixth month
China's central bank rolled over maturing medium-term policy loans while keeping interest rate unchanged for a sixth straight month on Friday, matching market expectations.The People's Bank of China ... ( read original story ...)
Shanghai enters the metaverse: Economic boost or digital surveillance state?
The Shanghai Municipal People's Government has announced a ten billion yuan (US$1.4bln) metaverse fund as part of a wider roadmap to rejuvenate the flailing economy of China's most populous city. A ... ( read original story ...)
Global pharma companies still see a big future in Shanghai
Pharma companies, testing and equipment providers remain committed to Shanghai as an attractive investment destination and continue to forge closer ties with local players. Shanghai aspires to be an ... ( read original story ...)
China’s property, banking pain has iron ore in a bear squeeze
COVID-19 is slowing China’s economy and sparking crises in its property sector, weighing on iron ore prices just as the big miners see costs rise. ( read original story ...)
CN property market and growth concerns remain in focus
Chinese property and bank indices extend declines; CN property market and growth concerns remain in focus; China data was mixed. - China traded metals move sharply lower on growth and property market ... ( read original story ...)