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The Latest Breaking News from Shanghai

Over Half Of All Teslas Sold In 2022 Were Made In Giga Shanghai

Tesla's Giga Shanghai was responsible for building more than half of all Teslas sold last year.

InsideEVs

Teslas now over 40% cheaper in China than US

SHANGHAI: Tesla Inc made another round of price cuts on its Model 3 and Y electric vehicles (EVs) in China on Friday, while also introducing its higher-end Model S sedan and Model X to get a better hold on the premium end of the world’s biggest EV market.

Bangkok Post

Travel curbs rack up as COVID-hit China readies reopening

More countries around the world are demanding that visitors from China take COVID tests, days before it drops border controls and ushers in an eagerly awaited return to travel for a population that has been largely stuck at home for three years.

Reuters

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China’s ‘zero-COVID’ U-turn leads to loss of faith in leadership

Chinese people were told they were fighting the virus together, now some are disillusioned by the abrupt policy change.

Al Jazeera

China's mobile game Genshin Impact bags $4bn

Genshin Impact, the video game launched by Shanghai studio miHoYo in September 2020, bagged US$4 billion in global revenue by the end of 2022 to make it one of the most successful mobile titles of all time and marking the rise of China-developed games.

Bangkok Post

Debunking claims that Western media is 'exaggerating' Covid-19 in Shanghai

As China eases its zero-Covid policy amidst international fears of a new wave, a report by an anglophone journalist in China from late December is being used online as "proof" that the coronavirus figures in Shanghai are hardly cause for concern. But is all as it seems? We take a…

France 24

No, this video is not proof that Shanghai's new wave of Covid-19 is fake

Some Twitter accounts have been refuting claims that the Covid-19 pandemic is resurging in China. Their proof: a report from a state media outlet that they say shows relatively empty emergency rooms. But the images in the report were taken out of context.

France 24

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Bodies pile up at Chinese crematoriums as Covid surges

SHANGHAI: For five days the elderly Chinese woman’s corpse lay decomposing in the Shanghai house she shared with her family before a hearse finally arrived to take away her remains.

Bangkok Post

Up to 70% of Shanghai population infected with Covid - top doctor

SHANGHAI: A senior doctor at one of Shanghai's top hospitals has said 70 percent of the megacity's population may have been infected with Covid-19 during China's huge surge in cases, state media reported on Tuesday.

Bangkok Post

Chinese automakers launch into Australia with lower-cost EVs as local uptake is about to accelerate

China has become the world's largest electric vehicle manufacturer, with some of its models are coming to Australia in the new year, bringing a more-attractive price tag for Australian consumers.

ABC News

Some in China Return to Regular Activity after COVID Infections

Some people in China's key cities of Beijing, Shanghai and Wuhan braved the cold and a spike in COVID-19 infections to return to regular activity on Monday, confident of a boost to the economy as more recover from infections. Among those who gathered to sled or ice skate on a…

Asharq Al-Awsat

Some in China return to regular activity after COVID infections

Some people in the Chinese cities of Beijing, Shanghai and Wuhan braved the cold and a rise in COVID-19 infections to return to regular activity on Monday, raising the prospect of a boost to the economy as more recover from infections.

Reuters

Tesla Deliveries Hit Record 405,278 In Q4, But Miss Views Despite Big Incentives

Tesla deliveries rose to a record 405,278 in Q4, but fell short of lowered views despite aggressive year-end incentives.

Investors Business Daily

Shanghai Composite Index Rose 0.51% on Friday

Shenzhen Component Index closed up 0.18%

Caixin Global

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Caixin Global

Shanghai Composite Index Fell 0.44% on Thursday

Shenzhen Component Index closed down 0.13%

Reuters

Analysis-China's COVID policymaking under scrutiny as infections soar

After China scrapped three years of zero-COVID curbs in 30 days, setting off a massive wave of infections, Beijing's policymakers face an immense challenge to treat the sick and minimise deaths while winning back public trust dented by previous policies.

InsideEVs

Report: Tesla Giga Shanghai To Take Another Production Break In January

Tesla might reduce the number of production days at the Giga Shanghai plant in China in January, after it limited the output in the last days of 2022.

Caixin Global

Shanghai Composite Index Fell 0.26% on Wednesday

Shenzhen Component Index closed down 0.86%

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Investors Business Daily

Tesla Stock Tumbles Again As China Registrations Falter

Tesla stock sank as estimates out of China show weekly vehicle registrations have fallen. Tesla has also closed its Shanghai plant until next year.

Investors Business Daily

Dow Jones Falls After Housing Data As Apple Hits New Low; Tesla Plunges On Reduced Production Schedule In China

The Dow Jones Industrial Average turned lower after economic data. Tesla dived on a report that the EV giant will run a reduced production schedule at its Shanghai plant in January.

Caixin Global

Shanghai Composite Index Rose 0.65% on Monday

Shenzhen Component Index closed up 1.19%

Reuters

Beijing, Shanghai residents back to work as China limps towards living with COVID

Mask-wearing Beijing and Shanghai commuters crowded subway trains on Monday as China's two biggest cities edged closer to living with COVID-19 even as frontline medical workers scrambled to cope with millions of new infections.

France 24

'Overwhelmed': China's stretched health system grapples with soaring Covid cases

Over the past few days, the emergency rooms of Shanghai hospitals have been overwhelmed as coronavirus cases soar after the Chinese Communist Party reversed its restrictive "zero-Covid" policy. Official estimates indicate that some 250 million people, almost a fifth of the Chinese population, caught Covid in the first 20 days…

Reuters

Hong Kong announces planned border re-opening with China as Omicron surges at Christmas

China, grappling with a new wave of COVID-19 infections, took another step towards loosening its pandemic-related restrictions on Saturday when Hong Kong's leader announced it would aim to re-open its borders with the mainland by mid-January.

Investors Business Daily

Tesla Stock 2023: EV Giant Faces Big Challenges In Its Two Megamarkets

Shares are off 65% in 2022. Now what's in the Tesla 2023 forecast? Here's what analysts say about profit, EV competition, subsidies and more.

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