The Shanghai Stock Exchange benchmark fell 0.65 percent on Wednesday, losing 21.11 points to close at 3,229.49. Meanwhile, the Shenzhen stock market gained 8.15 points or 0.08 percent, finishing at 10 ... ( read original story ...)
Chinese Stocks End Higher as Investors Await Tariff Developments
Chinese shares ended higher, with the Shanghai Composite Index rising 1.3% to 3270.66. The Shenzhen Composite Index added 2.3% to 1964.55 and the ChiNext Price Index gained 2.8% to 2120.75. Investors ... ( read original story ...)
How China’s government is supercharging the rise of humanoid robots
DeepSeek, a half-marathon of running robots, and ‘sexbot’ advancements are just the tip of the iceberg as China goes all-in on innovation that will reshape local economies. ( read original story ...)
Tesla’s Shanghai energy-storage battery Megafactory to enter operation next week
The Megafactory is the first of its kind to be built by Tesla outside the United States, and is dedicated to manufacturing Megapacks, Tesla's energy-storage batteries. Mass production at the Shanghai facility is expected to fully commence in the first quarter of 2025, Tesla said. ( read original story ...)
Toyota to open fully-owned EV plant in Shanghai, increase operations in the US
By bno - Taipei Bureau Toyota Motor Corp. has revealed plans to establish a wholly-owned electric vehicle (EV) and battery manufacturing facility in Shanghai, China. In doing so, the Japanese car ... ( read original story ...)
Action plan 8.0 to inject more vitality into Shanghai
The latest business environment improvement action plan released in Shanghai on Wednesday will help the city better address market entities' needs and inject more vitality into the city's economic ... ( read original story ...)
Toyota to build new EV plant in Shanghai
SHANGHAI/TOKYO -- In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker Toyota Motor Corp announced on Wednesday that it will construct a new ... ( read original story ...)