"China's tech share sector has been booming since the start of this year, beginning with the rise of new concepts fostered by star company DeepSeek," Haitong Securities said in a note. "Investor ... ( read original story ...)
Exclusive: Tesla plans Model Y costing at least 20% less to produce to defend China share, sources say
Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, aiming to regain ground lost during a price war in its second-largest ... ( read original story ...)
Shanghai Auto Culture Festival ignites the city’s F1 frenzy
The Shanghai Auto Culture Festival 2025 will be held in suburban Jiading District from March 21 to April 25, alongside the 2025 Chinese GP. This festival will offer a month-long celebration of ... ( read original story ...)
Former World Bank president: China’s huge transformation from poverty is amazing
China's transformation in the past decades was fascinating, said Former World Bank president Robert Zoellick during an interview with China Daily during a recent visit to Shanghai. ( read original story ...)
Teenagers caught urinating into 4,000 people’s hotpot broth
The restaurant, Haidilao, has offered to compensate 4,000 diners following a public outcry. The teenagers were both drunk, Shanghai police said, and they have now been arrested. The broth gained an ... ( read original story ...)
Doing business in China is fast and business-oriented: Executive
"The way of doing business here in China is extremely fast and extremely business-oriented," said Bernd Schlegl, managing director of FORM segment at Semperit Group. China offers a good business ... ( read original story ...)
China’s commerce ministry meets with Walmart on supplier pricing, state media says
Beijing officials met with Walmart this week to discuss media reports that the U.S. retailer has asked Chinese suppliers to slash prices on their goods to offset the impact of the Trump administration ... ( read original story ...)