Shanghai

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China’s shipping firms lean on alliances to ride out US port fee storm

Chinese shipping companies are working with global partners to reduce their US exposure and explore more regional market opportunities, as…

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New Business

Tesla cuts price of new Model 3 in China as moment of truth nears for variant strategy

The US carmaker said on Monday that it would price the Shanghai-made car, which boasts a driving range of 830km,…

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New Business

Why Chinese tourism to US is still rising despite Trump: ‘hard to replicate’

When Gao Huasheng, a university professor from Shanghai, began planning a two-week family holiday to San Francisco earlier this year,…

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New Business

Macroscope | Stock prices are at bubble heights. Who’s sounding the alarm?

How do we know when a stock market boom is about to end in a bust, or when an asset…

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China to have 300,000 driverless taxis in 4 top-tier cities by 2030: UBS

China is likely to see 300,000 driverless cabs operate in its four top-tier cities as early as 2030, buoyed by…

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New Business

From drones to robots, tourists flock to China to glimpse a ‘cyberpunk’ future

When Marc Guyon, a French national based in Hong Kong, decided to visit Shanghai in early August, the main attraction…

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Shanghai-focused Shui On Land says first-half net income falls 29%

Hong Kong-listed property developer Shui On Land on Thursday said its first-half net income fell 29 per cent from a…

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Lidar sensor maker Hesai Group gets regulatory approval for Hong Kong IPO

Hesai Group, one of the world’s largest makers of automotive Lidar sensors, received the green light from China’s securities regulator…

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China steps up Belt and Road Initiative funding with focus on Central Asia

Investments under China’s Belt and Road Initiative surged in the first half of the year – particularly for projects in…

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New Business

For China, Trump’s furniture-tariff threat could complicate efforts to reassemble trade

US President Donald Trump’s renewed threat to impose tariffs on imported furniture could erode some of China’s exports while doing…

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