The Latest Breaking News from Shanghai

Shenzhen Component Index finished nearly flat

After building an electric vehicle factory in Shanghai in 2019, the US company has signed an agreement to build another plant in the city, this time to make large-scale energy storage units known as "megapacks". With the agreement, Elon Musk's company is doubling down on its China investments, amid increasing…

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

Investors finally will have access to more than $30 billion worth of the cryptocurrency.

Chinese authorities have appointed a new bishop to Shanghai, the Vatican said on Tuesday, in an apparent violation of a bilateral pact between the two states.

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.

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…