Tesla Inc. said it plans to use mostly local debt to fund a new factory in Shanghai, its first outside of the U.S. The facility, known as the Gigafactory 3, is expected to churn out about 250,000 vehi... ( read original story ...)
Tesla will tap local debt to fund $2 billion Shanghai Gigafactory: Musk
NEW YORK (Reuters) - Tesla Inc said on Wednesday that it would raise capital from Asian debt markets to fund the construction of its third “Gigafactory,” which will be located in Shanghai and cost an ... ( read original story ...)
Asian stock markets drop, weighed by pullback in China
Asian stocks, after initially holding up Thursday morning following the latest U.S.-China trade developments, started sliding as China’s market opened. China stocks extend the declines of the past wee... ( read original story ...)
China investors flee into money market funds from stocks
Investors look at computer screens in front of an electronic board showing stock information at a brokerage house in Shanghai (file). Chinese investors flocked into money-market products at a rate out... ( read original story ...)
Tesla Plans to Fund New Shanghai Car Factory With Local Debt
Tesla Inc. said it plans to use mostly local debt to fund a new factory in Shanghai, its first outside of the U.S. The facility, known as the Gigafactory 3, is expected to churn out about 250,000 vehi... ( read original story ...)
French technology on show at ITMA Asia + CITME 2018
Present on the Chinese market since 1992, Superba has a subsidiary in Shanghai (SSRO), offering sales and technical support, as well as a stock of spare-parts. “The recent improvements in Superba’s sp... ( read original story ...)
China’s Central Bank Steps Up Effort to Boost Lending
At the same time, losses in Chinese bank stocks this year helped push the Shanghai Composite Index into a bear market. While the benchmark gauge has climbed about 3 percent from its July low, the mark... ( read original story ...)