Tag: business

Chinese companies whose names start with “Shanghai” are riding the recent buying frenzy among stock traders. In October, Shanghai party secretary Han Zheng said the city was drawing up a plan for a free-trade port, a term that was mentioned in ... ( read original story ...)

Elon Musk’s Tesla electric car company is reported to have struck a deal with Chinese authorities to build a factory in Shanghai, opening up the world’s largest automotive market to the fast-growing business. Tesla is reported to have agreed to set up ... ( read original story ...)

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 ...)

Shanghai-related stocks advanced on Friday as the city's Party chief confirmed plans to reinvent its pilot free trade zone as a world-class free port. The port has entered the "planning stage" and needs to get the green light from the central authorities ... ( read original story ...)

HONG KONG (Reuters) - Shanghai Pharmaceuticals Holding Co has bid for Cardinal Health Inc’s China business as the U.S. company looks to sell ahead of China’s planned drug distribution reform. Shanghai Pharma submitted two non-binding bids to buy ... ( read original story ...)

HONG KONG (Reuters) - Shanghai Pharmaceuticals Holding Co said it has bid for Cardinal Health Inc’s China business, as the U.S. drug distributor looks to exit over worries China’s upcoming drug distribution reform could slow its growth. Shanghai Pharma ... ( read original story ...)

Shanghai authorities have rolled out new measures to woo more foreign-funded research and development centers to the city as part of the efforts to transform it into a global technological innovation hub by 2030. According to the 15-article policy ... ( read original story ...)