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The Latest Breaking News from Shanghai

Stock Markets Stutter As Traders Weigh China-US Trade Flare-up

Shanghai, which reopened after a week-long break, and Hong Kong were among the main losers as e-commerce firms took a hit from news that the US Postal Service was suspending inbound parcels from China and Hong Kong.

Latin Times

Toyota unveils a plan to become ‘more loved’ in China by taking a page out of Tesla’s playbook: A wholly-owned Shanghai EV plant

The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.

Fortune

Toyota Announces Lexus EV Plant In Shanghai

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion.

International Business Times

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Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges

Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai government

The Independent UK

Ordinary Chinese Stoic In The Face Of Escalating US Trade War

After China announced retaliatory tariffs against the United States, walkers along Shanghai's waterfront were stoic Tuesday in face of both the cold and the prospect of an escalating trade war.

International Business Times

Stocks Drop, Dollar Rallies As Year Of The Snake Starts With Bite

Tokyo, Seoul and Jakarta each shed more than two percent while Sydney, Bangkok and Wellington were each off more than one percent. Singapore and India also fell, while Hong Kong gave up early deep losses to end only marginally down. Shanghai remained closed for a holiday.

Latin Times

Tesla takes EU to court over tariffs on EVs made in China

Elon Musk’s company still imports large number of cars into Europe from its Shanghai factory

The Guardian - UK

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Chinese man sentenced to death for stabbing attack near Japanese school in Shanghai

Zhou Jiasheng told court he carried out attack because he ‘no longer wanted to live’

The Independent UK

Here's How This Chinese EV Took Down The BMW X3

There’s a narrative that’s common now: the Chinese market is pushing out all foreign competitors. Whether it’s BMW, General Motors or Volkswagen, the media, analysts, some automotive company CEOs and political pundits have agreed that the writing is on the wall. The war for China’s EV buyers, they say, has…

InsideEVs

Chinese court sentences man to death over knife attack at a Japanese school bus stop

A Chinese man who injured a Japanese mother and her child and killed a Chinese bus attendant trying to protect them in a knife attack near Shanghai last June has been sentenced to death

The Independent UK

Most Asian Markets Rise After Wall Street's AI-fuelled Rally

Shanghai was among the main winners, eating into year-to-date losses after China unveiled a fresh batch of measures aimed at boosting the country's stock markets as part of Beijing's moves to provide support to the stuttering economy.

Latin Times

Rolls-Royce Phantom Dragon crosses cultures with a highly crafted approach

This one-of-one Phantom Extended has been built as a celebration of the outgoing Year of the Dragon, overseen by Rolls-Royce’s Shanghai Private Office

Wallpaper

SHUSHU/TONG Delivers One of the Most Striking Campaigns of the Spring 2025 Season

It introduced the world to its Spring 2025 collection during Shanghai Fashion Week with the pieces revolving around contradiction.

Fashion Times

Ninety years on, Tintin and The Blue Lotus return in new colour edition

The Blue Lotus, the story of Tintin's adventures in Shanghai, has this week been reissued, as Hergé's legacy enters the public domain in the United States.

Radio France Internationale

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The Independent UK

China sentences filmmaker to over 3 years in jail for Covid lockdown protests documentary

The 2022 protests against Covid lockdown and subsequent crackdown on people marked a rare show of dissent in China

The Guardian - UK

Eight years, three league titles and lots of money: how Oscar made a success of China stay

The Brazilian, in contrast to many other footballers, embraced living in China with his family and will be sorely missed

Top News

Stocks Close Higher On Wall Street In Holiday Session

Global markets show mixed results as Tokyo and Shanghai shares slip, while U.S. markets close higher. Oil prices rise, and the dollar strengthens. Wall Str...

The Guardian - UK

The rise and rise of Maye Musk: China’s love affair with Elon Musk’s mother

The 76-year-old is part of a trend of ‘silver influencers’ whose success in the face of adversity resonates strongly. Could she be Elon’s secret weapon in China?

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The Independent UK

Stock market today: Asian shares are mostly lower, with most world markets closed for Christmas

Shares are lower in Tokyo and Shanghai, two of only a handful of world markets open on Christmas day

InsideEVs

Tesla Model Y Juniper Could Enter Production In Shanghai In January

Tesla is working on a revised version of the Model Y electric crossover called Project Juniper. Like the Highland update for the Model 3, this Model Y refresh is expected to bring numerous changes and improvements to an already very successful vehicle, but we don’t know exactly when it will…

Autosport

Autosport Top 50 of 2024: #50 Antonio Felix da Costa

Across five Formula E races in the second half of the 2024 season, Antonio Felix da Costa took four wins spanning Berlin, Shanghai and Portland – where he doubled up.

RideApart

Is This Armed Chinese Robot a Motorcycle or Not?

I must pose a question to our readers. A question that's kept me up for many a night since I first laid eyes on this monstrous police-state creation. This heavily armed BB-8 knockoff from China's local law enforcement. No, it's not whether or not this machine is ethical, nor whether or…

The Independent UK

Red panda diplomacy offers glimmer of hope even as China-Taiwan tensions soar

Taipei agrees to send African penguins to Shanghai in exchange for red pandas in bid to establish cooperative relationship between two cities

InsideEVs

The Tesla Model Y Is King. China's $21,000 Answer To It May Be Better

Since about 2019, every time an automaker or tech company showed off an electric vehicle even vaguely crossover-shaped, it would be deemed a “Tesla Model Y Killer” in the headline. The copy then went out of its way to convince us why this particular car would be the complete undoing…

Latin Times

Markets Retreat As China Pledges Fail To Spark Excitement

Hong Kong and Shanghai both tumbled as investors shrugged at Beijing's pledge to introduce measures aimed at "lifting consumption vigorously" as part of a drive to reignite growth in the world's number two economy.

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