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The Latest Breaking News from Shanghai

Tesla Cancels US-Made Model Y Long Range Orders In Canada: Report

Tesla offers Canadian customers the alternative of switching their order to another configuration, including the newly introduced Model Y Long Range built at the firm’s Shanghai Gigafactory.

InsideEVs

Honduran president begins first visit to China since breaking off ties with Taiwan

Honduran President Xiomara Castro has arrived in Shanghai, kicking off her first visit to China since the two countries established diplomatic ties

The Independent UK

Chinese Super League's 10 most expensive signings and how they compare to Saudi transfers

The Chinese Super League created waves across the footballing landscape a few years ago as a number of stars from the Premier League and beyond cashed-in on the riches in East Asia

Daily Mirror

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Shanghai Composite Index Fell 1.15% on Tuesday

Shenzhen Component Index closed down 1.58%

Caixin Global

Tesla Stock Higher As China Sales Rise Following Elon Musk Visit

Tesla sold nearly 78,000 cars in its most important market last month as the government looks to extend tax breaks on new energy vehicles.

The Street

Shanghai Composite Index Rose 0.07% on Monday

Shenzhen Component Index closed down 0.47%

Caixin Global

Sherman goes wire-to-wire for close Shanghai victory

Chongming Island: Sherman Santiwiwatthanaphong did just enough to post a wire-to-wire victory during third round play at the Mitsubishi Heavy Industries Championship on Sunday as the Thai veteran battled through windy conditions to win by one stroke in Shanghai.

Bangkok Post

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Another China Development Bank Ex-Official Comes Under Probe

Graft busters focus on Mao Juncai, former president of top policy lender’s Shanghai branch, adding to a long list of scandals

Caixin Global

Rumors Of Tesla Model 3 Revamp Reveal Die Out As Musk Ends China Trip

Musk wrapped up his two-day China visit after meeting high-ranking state officials and stopping by Giga Shanghai, but Project Highland was nowhere to be seen.

InsideEVs

Elon Musk Concludes China Trip With Promising Talks As Tesla Expands In The Country

Tesla CEO Elon Musk left Shanghai on Thursday morning local time after his first visit to China in three years.

Zenger

'It warms my heart': Elon Musk thanks Shanghai workers for meeting at midnight

Elon Musk made a near-midnight stop to Tesla's Shanghai factory on Wednesday night, near the end of his short trip to China.

Fortune

Weather tracker: Shanghai reports record high May temperature of 36.7C

Heatwave continues in southern and eastern Asia as temperatures exceed 40C in vast swathes of region

The Guardian - UK

Shanghai Composite Index Ended Nearly Flat on Thursday

Shenzhen Component Index closed up 0.39%

Caixin Global

Tesla Model 3 “Highland” To Be Revealed By Musk In China Today: Report

Tesla will give an early glimpse of the facelifted Model 3 “Highland” in Shanghai, as part of Elon Musk’s visit to China this week, according to a report published by Bloomberg, citing people familiar with the matter.

InsideEVs

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France 24

Musk wraps up two-day China visit aimed at boosting Tesla sales

A private jet belonging to Tesla CEO Elon Musk departed Shanghai on Thursday, Chinese flight-tracking data showed, as the tycoon wraps up a visit to China that has seen him express hopes to expand business in the world's largest market for electric vehicles.

Caixin Global

China Moves Forward With Plan for Shanghai International Reinsurance Market

Financial regulatory agency issues detailed implementation rules for reinsurance exchange to be built in Lingang New Area

Investors Business Daily

Elon Musk Reportedly Will Show Off New Model 3 With Tesla Stock Near Buy Point

Tesla CEO Elon Musk reportedly will show off the upgraded Model 3 when he tours the Shanghai plant on Thursday. Tesla stock is near a buy point.

The Conversation

Why 40°C is bearable in a desert but lethal in the tropics

This year, even before the northern hemisphere hot season began, temperature records were being shattered. Spain for instance saw temperatures in April (38.8°C) that would be out of the ordinary even at the peak of summer. South and south-east Asia in particular were hammered by a very persistent heatwave, and…

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Fortune

No 'decoupling' between U.S. & China, says JPMorgan's Jamie Dimon

JPMorgan's CEO is currently in Shanghai for a series of conferences, in his first visit to mainland China since the COVID pandemic.

Fortune

U.S. CEOs like Jamie Dimon and Elon Musk travel to China as Sino-American relations worsen

Some of America's top business leaders are visiting China this week, even after the G7 called for a strategy to diversify away from China.

Al Jazeera

Tesla boss Elon Musk kicks off high-stakes China trip

China’s foreign ministry quoted Musk as saying he wanted to expand business in China and opposed a decoupling.

InsideEVs

Elon Musk Meets Chinese FM, Reaffirms Tesla's Commitment To China

Tesla's CEO reportedly also seeks to meet China's Premier Li Qiang to discuss automated-driving technology the US EV maker is seeking to introduce in China.

Evening Standard

Sangha by Octave: ‘I found my wellness holy grail at this health retreat near Shanghai’

Quantam wellness meets Chinese traditional medicine at this luxury spa in Suzhou, writes Jo Fernández

Investors Business Daily

Tesla Stock Racing Toward Buy Point As Elon Musk Visits China

Tesla is rallying Tuesday, nearing a buy point after surging 7% last week. CEO Elon Musk is visiting China for the first time since 2020.

Reuters

Hawkers back on China's streets as economic recovery teeters

Wang Chunxiang pushes a cart around busy areas of Shanghai, playing cat and mouse with the authorities as she tries to sell pastries. The jobs she could get do not pay enough for her to make ends meet.

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