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The Latest Breaking News from Shanghai

Tesla's Growth Ambitions In China Clash With Oversupply Concerns

Tesla awaits regulatory permits in China for Giga Shanghai expansion plans following CEO Elon Musk's visit.

InsideEVs

Shanghai Composite Index Fell 0.47% on Tuesday

Shenzhen Component Index closed up 0.28%

Caixin Global

Spending patterns of super-rich show Asia is most expensive region

HONG KONG: Asia remains the costliest region in the world to live in, with Singapore taking the number one spot, followed by Shanghai and Hong Kong, according to Julius Baer's latest Global Wealth and Lifestyle report.

Bangkok Post

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EV-Maker Li Auto Readies Launch of City Assisted-Driving System

The Chinese firm will begin testing the software with a small group of users in Beijing and Shanghai this month

Caixin Global

See Thousands Of Tesla EVs Bound For Canada Waiting In Shanghai Port

A huge fleet of Tesla Model Y and Model 3 EVs appears to be on its way to North America, according to a drone video that shows at least 3,000 cars waiting at the Shanghai South Port in Shanghai.

InsideEVs

AstraZeneca considers spinning off its China business

UK’s largest stock-market-listed firm weighs up Hong Kong or Shanghai listing to shield it from geopolitical tensions

The Guardian - UK

Liverpool's 'twin city's' thousands of miles away

Liverpool has developed plenty of great relationships with other countries over the years

Liverpool Echo

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UFC Taps PSSI for `The Road to UFC’ Remote Production

PSSI provides transmission services for the 24-camera feed REMI production

TV Tech

NIO Caves In And Joins The Price-Cut War Despite CEO’s Pledge

Chinese EV maker and Tesla rival NIO said it would cut prices on all its new models starting Monday.

Zenger

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

Shanghai Composite Index Fell 1.15% on Tuesday

Shenzhen Component Index closed down 1.58%

Caixin Global

Shanghai Composite Index Rose 0.07% on Monday

Shenzhen Component Index closed down 0.47%

Caixin Global

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Bangkok Post

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.

Caixin Global

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

InsideEVs

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.

Zenger

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.

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Fortune

'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.

The Guardian - UK

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

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Thursday

Shenzhen Component Index closed up 0.39%

InsideEVs

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.

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

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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