SHANGHAI (Reuters) - Tesla Inc has registered a new electric car firm in Shanghai, as China prepares to scrap rules on capping foreign ownership of new-energy vehicle (NEV) ventures. The new company, Tesla (Shanghai) Co Ltd, was registered on May 10 ... ( read original story ...)
Shanghai court sentences Anbang founder to 18 years in jail for fraud and abuse of power
A Shanghai court sentenced Anbang founder Wu Xiaohui to 18 years in jail for fraud and abuse of power, sealing his fate, but leaving the future of billions of dollars in B.C. assets owned by the Beijing-based insurance group in limbo. This is a firm that ... ( read original story ...)
Shanghai Metal Corporation Provide Various Marines Anchors With Wide Range Of Weight For Different Condition Using
Shanghai Metal Corporation was founded in 1980, Shanghai, China. Since then it is known for manufacturing products like machinery, mechanical products, medical, construction, containers and many more. However, it is centralized on distributing and ... ( read original story ...)
Beijing sends a signal with appointment of Huang Hongyuan as chairman of Shanghai Stock Exchange
Veteran securities regulator Huang Hongyuan has been appointed chairman of the Shanghai Stock Exchange, signalling Beijing’s commitment to attract technology companies and broaden links with international markets. Huang, 54, will fill the vacancy left by ... ( read original story ...)
Shanghai crude trading’s early success may not reflect future reality
The new Shanghai crude oil futures have been trading for six weeks and have so far managed to build up reasonably strong volumes, but this success may only mask some wider concerns. The yuan-denominated contracts were launched on March 26 by the Shanghai ... ( read original story ...)
As development destroys old Shanghai, residents win payouts but lose neighbourhood feeling, and calls for preservation grow
As China’s richest city, it makes sense for Shanghai to be at the forefront of historic preservation, which after all is the business of developed, rather than developing, economies. “I think it’s a question of value. If you really think these old ... ( read original story ...)
Chinatown’s ‘Yeah Shanghai Deluxe’ Back on its Feet After Burst Pipes Sidelined Business
Fans of Yeah Shanghai Deluxe can rest easy today. After a few months on the sidelines, the Chinese restaurant at 50 Mott Street (not to be confused with the still-shuttered Shanghai Cafe Deluxe) is back on its feet. Shanghai Deluxe reopened for regular ... ( read original story ...)