The Latest Breaking News from Shanghai

Tesla will build a factory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reports.

Chinese state media say electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide

SHANGHAI: Foreign investors are steadily marching into China in the wake of Alibaba’s plans to restructure, with money managers reckoning it is the latest sign the national leadership is turning friendlier to business as economic growth gains traction.

China is the world's largest automotive market and a key market for Tesla in its ambition to dominate the global car industry.

Worried about decelerating growth, Xi Jinping has launched a charm offensive to convince investors the country is open for business

Chinese and French energy companies this week finalised the first-ever deal on liquified natural gas (LNG) in China settled in the renminbi yuan currency. The trade, involving 65,000 tons of LNG imported from the United Arab Emirates, marks a major step in Beijing's attempts to undermine the US dollar as…

Max Gilbert says he wants to push the benefits of local beer. “There’s an enormous difference in whether you’re consuming a product that tastes as intended when it leaves the brewery or not. The big thing is to encourage people to get behind local products and get to know the…

The cofounder of Taiwan's famed Din Tai Fung restaurant chain died at 96, his company announced March 26. He helped turn delicate soup dumplings into a global phenomenon, even earning Michelin stars.

Company documents show crypto exchange relied on country long after it said it had left in 2017