Tag: shanghai
Blinken in China: Calls for ‘Level Playing Field,’ Resolution Over Trade Disputes
In the latest display of diplomatic tensions between Washington and Beijing, U.S. Secretary of State...
New Tesla Battery Factory to Be Built in Shanghai
On April 8, Elon Musk announced on Twitter that Tesla is preparing to build a new battery factory in...
How China Uses COSCO Ships to Boost Its Political Influence Abroad
News analysis In recent years, Chinese companies have begun a massive push to buy up ports all over...
Tesla to Keep Output at Upgraded Shanghai Plant Below Maximum: Sources
SHANGHAI (Reuters) — Tesla plans to hold production at its Shanghai plant at about 93 percent of capacity...
10,000 Millionaires Expected to Leave China This Year–And Take $48 Billion With Them: Report
According to a consulting firm specializing in foreign investments, over 10,000 of China’s wealthiest...
More Cities Go Under Lockdown as China Reports 1,456 ‘High’ and ‘Medium-risk’ Zones
At least 15 provinces in mainland China have reported an alarming rise in new COVID-19 infections, with...
Shanghai Man Left Homeless After Being Confined to COVID Quarantine Camp for 42 Days
In late February, a man named Chen Jian ventured out to Shanghai in hopes of finding a higher-paying...
900 Million People in China Affected by Heat, Power Cuts as Sweltering Temperatures Break 111 Degrees
Scorching heat waves continue sweeping through vast parts of China, with a record-breaking 44 degrees...
Scorching Heat Waves Sweep Through 84 Cities in China, Killing Multiple People and Triggering Govt. Power
A massive heatwave sweeping through China has forced residents to seek refuge in “air-raid shelters”...
Lockdowns Come Back to Shanghai and Beijing as Chinese Authorities Discover New COVID Cases
After more than two months of lockdowns and movement curbs that have resulted in a string of tragedies...
Here’s Just How Badly ‘Zero-COVID’ Has Damaged China’s Economy
Financial analysis The world’s second largest economy is paying the price for its unrelenting “zero-COVID...
Shanghai Announces Plans for Quick ‘Victory’ Over COVID-19 Amid Cratering Economy
Ruinous ‘zero-COVID’ policies have both local and central authorities scrambling to save face and livelihoods...