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The Latest Breaking News from Shanghai

Tesla Deliveries Hit A Record But Miss Views Amid Demand Concerns

Tesla deliveries in the third quarter hit a record, but missed views as EV giant faces China demand concerns. How will Tesla stock react?

Investors Business Daily

China trials digital currencies for cross-border deals

SHANGHAI: A central bank digital currency trial focused on cross-border transactions involving China, Thailand, Hong Kong and the United Arab Emirates has been completed, as Beijing tries to internationalise its digital yuan.

Bangkok Post

Tesla Will Not Yet Push For Max Output At Giga Shanghai, Say Sources

Tesla just finished the China factory upgrades and is ramping up, so it makes sense that the production would stand to be capped through the rest of 2022.

InsideEVs

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Will Tesla's Reduced Wait Times In China Impact Its Stock?

As Tesla continues to prioritize production output at its Giga Shanghai, wait times have been dropping in China as it begins catching back up to demand.

InsideEVs

Tesla Giga Shanghai Production Capacity Updates Are Complete

Tesla has been expanding its global footprint and increasing its production capacity. Its factory in China has been a huge asset, and now it's improved.

InsideEVs

Tesla Completes Production Capacity Expansion at Shanghai Plant

Tesla completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies' environmental information disclosures. Tesla will test the production lines for the upgrade during From Sept. 19 to Nov. 30, the statement added. Reuters previously reported…

Asharq Al-Awsat

Shanghai reports 3 asymptomatic, 0 symptomatic COVID cases for Sept 18

Shanghai reported three new domestically transmitted asymptomatic coronavirus cases for Sept. 18, up from zero a day earlier, while no local symptomatic cases were reported, the same as the previous day, the city government said on Monday.

Reuters

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Xi’s heir is likely among China’s rising ‘luckiest generation’

The spotlight at China’s leadership congress next month will fall on the elite lineup installed to steer the world’s No. 2 economy. But another lesser-watched group will also advance, and an eventual successor to President Xi Jinping is likely among them.

Tribune News Service

Chinese factory churns out British flags after queen's death

Ninety minutes after Queen Elizabeth II died, orders for thousands of British flags started to flood into a factory south of Shanghai

The Independent UK

Tesla China Offers De Facto Price Cut As Wait Times Plunge

With Tesla China wait times all down to one week amid soaring production, the EV giant is offering a de facto price cut as rival EVs step up.

Investors Business Daily

Ukraine war: Putin's failure will pave the way for China's rise to pre-eminence in Eurasia

What had been suspected for some time has now come out into the open: China has “concerns” about Russia’s invasion of Ukraine. While this is hardly a big surprise, the source and venue of this admission is. Few would have expected Vladimir Putin himself to make such a statement –…

The Conversation

Weather tracker: Typhoon Muifa wreaks havoc in China after summer of records

Highest red alert issued in Shanghai as meteorological autumn does not give way to cooler temperature in France

The Guardian - UK

Typhoon Muifa Lashes Eastern China, Forcing 1.6 Million from their Homes

High winds and heavy rain lashed China's densely populated east coast on Thursday, after Typhoon Muifa forced around 1.6 million people to leave their homes and grounded most flights at Shanghai's main airports. Muifa is the strongest tropical cyclone to hit Shanghai -- home to more than 25 million people…

Asharq Al-Awsat

Storm moves up east China coast after blowing over Shanghai

A tropical storm was advancing up China's eastern coast after bringing typhoon-strength winds and rain to Shanghai overnight

The Independent UK

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Reuters

Typhoon Muifa pounds eastern China with strong gales, rain

Powerful gales and torrential rains battered Zhoushan in eastern China on Wednesday as Typhoon Muifa made landfall at the port city in what local media called the strongest tropical cyclone to hit the populous Yangtze River Delta in a decade.

The Independent UK

Typhoon to skirt Shanghai, move up coast of northeast China

A typhoon is headed toward the Chinese coast on Wednesday and forecast to make landfall near the port city of Ningbo later in the day

Benzinga

Neusoft Medical Sets Sights Again on HK IPO, With Business Risks in Focus

Key Takeaways: Neusoft Medical has taken several twists and turns on the IPO road, reversing out of an earlier bid to join Shanghai’s STAR Market and now making a third attempt to list shares in Hong Kong

Al Jazeera

Ports, schools shut as Typhoon Muifa barrels toward eastern China

Storm is expected to make landfall on Wednesday, and China’s typhoon alert has been upgraded to second-highest level.

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Inverse

'Mato Anomalies' preview: Compelling Persona noir vibes in neo-futuristic Shanghai

Investigate mysterious happenings in 'Mato Anomalies' as Detective Doe, who gets caught up with a dude who can jump into pocket dimensions.

Investors Business Daily

Tesla Deliveries In China Approach Record High After Production Lull

Tesla (TSLA) deliveries in China shot up in August, approaching record highs set in June, after it ramped up capacity in its Shanghai facility. Tesla stock edged up Thursday. Elon Musk's electric-vehicle giant delivered around 77,000 autos in China during August, according to Thursday numbers released by the China Passenger…

The Japan News/Yomiuri

CCP on shaky ground ahead of party congress / Zero-COVID policy takes toll on Chinese economy

The Chinese government is facing a number of challenges as it prepares for the Communist Party Congress next month. This is first in a three-part series analyzing the issues.

InsideEVs

Report: Tesla Production/Sales In China Is Near A Record Level

Tesla production and sales in China appear to be quickly increasing after the Giga Shanghai plant was upgraded.

Edinburgh Live

Edinburgh woman who tore out love rival's hair could face 18 months in jail

Dee Flynn, 27, appeared at the Edinburgh Sheriff Court this week after she attacked another woman in the city's Shanghai nightclub before being escorted out of the venue.

ABC News

The world's most expensive city is not Paris, Shanghai or New York. It's Israel's coastal paradise of Tel Aviv

Tel Aviv overtakes Paris, Tokyo and Shanghai to become the most expensive in the world. And a growing number of Israelis are struggling to survive.

Evening Standard

How to buy Tesla shares (TSLA)

Tesla Inc (TSLA) - Quarterly Update: 20 July 2023

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