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The Latest Breaking News from Shanghai

Tesla recalls thousands of cars in China on software, seat belts

Tesla Inc. is recalling almost 81,000 electric cars in China — more than it typically ships from its Shanghai factory in any given month — due to a software issue and seat belt problems.

Tribune News Service

Louis Vuitton Picks Shanghai for First Furniture and Homewares Store

Louis Vuitton on Friday announced plans to open a dedicated furniture and homewares store in Shanghai, a world first for the French luxury brand as it aims to expand further into lifestyle offerings to affluent Chinese clients. The appointment-only showroom, which will open on Monday, is located in a century-old…

Asharq Al-Awsat

China Reports New Daily Record COVID Cases, Curbs Tighten across Country

China on Friday reported another record high of daily COVID-19 infections, as cities across the country enforce measures and curbs to control outbreaks. Thursday's new local COVID-19 infections set a daily record for a second consecutive day, beating a figure set in mid-April, when the commercial hub of Shanghai was…

Asharq Al-Awsat

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China's COVID infections hit record as economic outlook darkens

China reported record high COVID-19 infections on Thursday, with cities nationwide imposing localised lockdowns, mass testing and other curbs that are fuelling frustration and darkening the outlook for the world's second largest economy.

Reuters

Shanghai Composite Index Fell 0.25% on Thursday

Shenzhen Component Index closed down 0.15%

Caixin Global

China Widens COVID Curbs, Apple Factory Unrest Adds to Economy Worries

Chinese authorities imposed more restrictions on Wednesday to rein in a rapid rise in COVID-19 infections, adding to investors' worries about the economy just as fresh unrest at the world's largest iPhone factory highlighted the social and financial toll of these curbs. Across China, cities including the capital Beijing and…

Asharq Al-Awsat

Shanghai Composite Index Rose 0.26% on Wednesday

Shenzhen Component Index closed down 0.27%

Caixin Global

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China widens COVID curbs, Apple factory unrest adds to economy worries

(Corrects time since Guangzhou protest in 11th paragraph)

Reuters

China’s STAR Market Hosts $102 Billion of IPOs in First Three Years

Nasdaq-like Shanghai board’s fundraising for 486 companies accounts for more than 40% of China’s initial share sales since June 2019

Caixin Global

China travel guide: Everything you need to know

This Asian super-power could take a lifetime – or several – to explore. Here’s our guide to help plan your next trip

The Independent UK

Beijing shuts parks, Shanghai tightens entry as COVID cases spike

China’s capital closes more public venues, and Shanghai to impose strict entry rules from Thursday.

Al Jazeera

China's financial hub Shanghai to tighten COVID rules for people entering the city

China's financial hub Shanghai said on Tuesday it will tighten rules for people entering the city from Nov. 24 to combat the recent COVID-19 outbreak in the country.

Reuters

Analysis-China's great reopening may come too late for many businesses

The culinary tourism business of Brian Bergey and his wife Ruixi Hu has persevered in China through three years of harsh COVID-19 restrictions.

Reuters

Shanghai Disney to re-open parts of resort but keep main park shut

The Shanghai Disney Resort said it would open some parts of the resort from Thursday, but the main Disneyland park would stay shut until further notice.

Reuters

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Daily Mirror

Middle-aged runner completes marathon while chain-smoking throughout the race

'Uncle Chen' completed the Shanghai marathon course in just 3hrs 28 mins, with a cigarette in his hand the whole time - and even finished in the top half of participants

Bangkok Post

Xi’s crackdowns drive Chinese billionaires to booming Singapore

One of the hottest wine bars for Chinese billionaires isn’t atop a Shanghai office tower or within a Beijing courtyard house. It’s in a modest black-and-white bungalow next to a six-lane thruway in the heart of Singapore.

RideApart

Check Out XCELL, A Hydrogen Bike Concept With A Holographic Display

Shanghai X-Idea Industrial Design Company penned the XCELL hydrogen concept motorcycle design, which recently won a Red Dot Design Concept Award in 2022.

Reuters

Shanghai Disney remains closed because of COVID measures

The Shanghai Disney Resort does not have a confirmed date for when it will reopen, the company's website said on Monday.

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Bangkok Post

Alibaba mum on Singles Day sales

SHANGHAI: Alibaba Group has declined to reveal the final sales tally of its annual Singles Day shopping festival for the first time since it started the event in 2009, saying only that results were in line with last year.

Reuters

China shortens quarantines as it eases some of its COVID rules

China on Friday eased some of its strict COVID rules, including shortening quarantines by two days for close contacts of infected people and for inbound travellers, and removing a penalty for airlines for bringing in too many cases.

InsideEVs

China: Tesla Set New EV Export Record In October 2022

In October, Tesla improved local retail sales and export of electric cars produced at the Giga Shanghai plant, including a new export record.

The Guardian - UK

Chinese authorities ‘drop EU council chief’s speech criticising war in Ukraine’

European diplomats say Charles Michel video referring to Russia’s ‘illegal’ and ‘brutal’ invasion was withdrawn from trade fair

Bangkok Post

China cancelled EU leader's address at opening of major trade expo

BEIJING/BRUSSELS: Chinese authorities behind a major trade expo in Shanghai pulled an opening ceremony address by the European Council president that was set to criticise Russia's "illegal war" in Ukraine and call for reduced trade dependency on China, diplomats said.

Reuters

Exclusive-China cancelled EU leader's video address at opening of major trade expo - diplomats

Chinese authorities behind a major trade expo in Shanghai pulled an opening ceremony address by the European Council president that was set to criticise Russia's "illegal war" in Ukraine and call for reduced EU trade dependency on China, diplomats said.

Reuters

China's COVID epicentre shifts to Guangzhou as outbreaks widen

New coronavirus cases surged in Guangzhou and other Chinese cities, official data showed on Tuesday, with the global manufacturing hub becoming China's latest COVID-19 epicentre and testing the city's ability to avoid a Shanghai-style lockdown.

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