The Latest Breaking News from Shanghai

Hong Kong (AFP) - Hong Kong and Shanghai stocks saw big swings Tuesday following the previous day's rout after Xi Jinping tightened his grip on power in China, while other Asian markets extended gains on hopes the Federal Reserve will slow down its pace of rate hikes.

Seven men and all his ducks in a row. Xi Jinping's third term has been rubber stamped and a new Communist Party leadership unveiled at a Congress that is set to shape China’s politics for much more than just the next five years. We ask about those promoted, like Li…

Chinese President Xi Jinping on Sunday made his chief of staff, Ding Xuexiang, one of the most powerful men in China, in a move party watchers say underscores the importance Xi puts on trust and loyalty.

An introduction to loyal Xi acolytes on politburo standing committee who will now shape Xi’s vision for China

Li Qiang, who oversaw Shanghai's grinding two-month COVID-19 lockdown this year as party boss of China's commercial hub, is on track to become China's next premier after President Xi Jinping unveiled a new governing body packed with loyalists.

The elite committee was appointed following a week-long Congress of the governing party.

China's ruling Communist Party has appointed a new all-powerful Politburo Standing Committee, led by General Secretary Xi Jinping, who is serving a precedent-breaking third five-year term as party head

Tesla, the world's largest electric car manufacturer, recently made some noticeable progress to expand its EV lineup with new vehicles.

Despite Chinese President Xi Jinping’s assurances that the country’s youth are “living an extraordinary time”, recent statistics tell a vastly different story: One in five Chinese under 24 years old are currently out of work, the highest rate ever recorded. FRANCE 24 reports from Shanghai, where young people say the…