Real estate stocks came under sustained selling pressure amid ... party congress that fighting pollution was one of the government’s major tasks. Meanwhile, Shanghai’s listed port operators and trading firms, including Shanghai Material Trading Co ... ( read original story ...)
Tesla to build wholly-owned Shanghai plant: WSJ
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 ...)
Geoswift Partners With Bank of Shanghai to Launch Payment Remittance Services
This service allows continuous real-time remittance of funds from seven currencies USD, GBP, HKD, CAD, AUD, JPY and EUR to the local currency RMB for recipients in China. The service uses a fixed daily rate to minimize risks arising out of foreign exchange ... ( read original story ...)
Tesla to set-up first fully-owned automotive plant in Shanghai,China
The Silicon Valley electric carmaker's wholly-owned manufacturing facility would be built in Shanghai's free-trade zone, the Wall Street Journal said, quoting unnamed sources with knowledge of the deal, and could allow Tesla to dramatically lower the cost ... ( read original story ...)
Tesla Reaches Deal for Shanghai Facility, WSJ Reports
Last month, Bloomberg News reported China was discussing a proposal to allow ... Tesla has reached an agreement with the Shanghai government to build a fully owned facility in the city, the Wall Street Journal reported over the weekend. ( read original story ...)
Scolari leads Guangzhou to 7th Chinese title in a row
World Cup winning coach Luiz Felipe Scolari led Guangzhou Evergrande to a seventh successive Chinese Super League title on Sunday with a 5-1 win over Guizhou Zhicheng at Tianhe Stadium. With closest challenger Shanghai SIPG losing 2-1 at home to Guangzhou ... ( read original story ...)
WSJ: Tesla, Shanghai Reach Deal on Wholly Owned Facility
The electric-car maker led by Elon Musk said at the time that it planned to define ... Spokespeople for Tesla and the Shanghai government weren’t immediately available for comment when contacted by Bloomberg outside normal working hours. ( read original story ...)