BEIJING : Tesla's Shanghai factory achieved on Wednesday the milestone of 2 million cars produced, according to the company's WeChat account.
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Tesla sues Chinese firm over tech secret infringement: State mediaBEIJING — Tesla Shanghai has sued a Chinese firm over tech secret infringement and unfair competition disputes, Shanghai Securities Journal reported on Tuesday (Sept 5). The lawsuit against Bingling Intelligent Technology, a chip designer and auto parts maker based in Changzhou, Jiangsu province, will be heard in the Shanghai intellectual property court on Oct 10, according to the report. A...
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Shanghai Stock Exchange signs MOU with the Saudi ExchangeSHANGHAI : The Shanghai Stock exchange said it signed Memorandum of Understanding (MOU) with the Saudi Exchange in Riyadh on Sunday, to lay the foundation for future cooperation.Both exchanges will explore cooperation opportunities in cross-listings, fintech, ESG (Environmental, Social, and Governance) an
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Chinese woman with 16 jobs never turns up for work but manages to buy Shanghai villaMissing a day of work without a valid reason could cost you your job. But one woman in China, named Guan Yue, managed to get away with it for three years, and even juggled 16 jobs at once. Working in cahoots with her husband, Chen Qiang, the couple accumulated enough money to buy a villa in Shanghai, reported the South...
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China says premier will lead its G20 delegation, not president XiBEIJING: Premier Li Qiang will lead China's delegation to the G20 summit in India this weekend, Beijing said on Monday (Sep 4), all but confirming President Xi Jinping will snub the meeting of the world's biggest economies. Speculation and media reports have swirled for the past week that Xi would snub the
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Xi's G20 no-show hints at China's shifting diplomatic prioritiesBEIJING: President Xi Jinping's unexplained decision to snub the G20 summit underlines Beijing's frayed ties with other major powers as well as growing secrecy at the top of the ruling Communi
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Some Country Garden creditors object to debt payment deal: SourcesSHANGHAI: Chinese developer Country Garden faces a call from some smaller onshore bondholders for the nullification of a deal to extend repayment of a bond, arguing it was unfair and illega
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