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The Latest Breaking News from Shanghai

China moves to stamp out Covid outbreaks before Communist Party Congress

Shanghai (AFP) - China recorded more than 2,000 Covid cases on Monday, its highest level for a month, as officials imposed new lockdowns and restrictions to stop outbreaks from spreading to the capital ahead of the Communist Party Congress.

AFP

CPMG Architects helping design the vast ‘Dragon Valley’ resort near Shanghai

Site will have longest infinity pool in China and be bigger than Bluewater shopping centre in London

Birmingham Post

Lepu Biopharma Marches Towards First Sales as Costs Mount

Key Takeaways: Lepu Biopharma will incur more operational costs as it builds up its production capacity and sales and marketing teams to commercialize its first approved product The company’s stock surged after it said it would list on Shanghai’s STAR Market and be included in the Shenzhen-Hong Kong Stock Connect…

Benzinga

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Falling IPO Star: Hong Kong Tipped to Lose Top-Three Ranking Again

Key Takeaways: As of the third quarter of this year, the world’s top three IPO capital raisers were the Shanghai Stock Exchange, the Shenzhen Stock Exchange and the Korea Exchange, with Hong Kong lagging in fourth place

Benzinga

China Since the Founding of the Communist Party

Here are the key dates in China since the founding of the Communist Party (CCP) which has grown into one of the world's most powerful political organizations as brought by AFP. - July 1921: Founded in secret - In the summer of 1921, Mao Zedong and a clutch of Marxist-Leninist…

Asharq Al-Awsat

Maserati Debuts New Showroom Design Bridging Online, Offline Shopping

Maserati plans to launch this in its stores in Berlin, Hong Kong, Madrid, Melbourne, and Shanghai by the end of 2022.

Motor1

Tesla Deliveries Hit A Record But Miss Views Amid Demand Concerns

Tesla deliveries in the third quarter hit a record, but missed views as EV giant faces China demand concerns. How will Tesla stock react?

Investors Business Daily

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China trials digital currencies for cross-border deals

SHANGHAI: A central bank digital currency trial focused on cross-border transactions involving China, Thailand, Hong Kong and the United Arab Emirates has been completed, as Beijing tries to internationalise its digital yuan.

Bangkok Post

China replicates Beijing Olympic 'bubble' for rare sports event

Shanghai (AFP) - China will replicate its Covid-secure Olympic bubble when it hosts its first major international sports event since the Beijing Winter Games -- with organisers calling it a "roller-coaster ride".

AFP

Tesla Will Not Yet Push For Max Output At Giga Shanghai, Say Sources

Tesla just finished the China factory upgrades and is ramping up, so it makes sense that the production would stand to be capped through the rest of 2022.

InsideEVs

Will Tesla's Reduced Wait Times In China Impact Its Stock?

As Tesla continues to prioritize production output at its Giga Shanghai, wait times have been dropping in China as it begins catching back up to demand.

InsideEVs

Tesla Giga Shanghai Production Capacity Updates Are Complete

Tesla has been expanding its global footprint and increasing its production capacity. Its factory in China has been a huge asset, and now it's improved.

InsideEVs

Tesla Completes Production Capacity Expansion at Shanghai Plant

Tesla completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies' environmental information disclosures. Tesla will test the production lines for the upgrade during From Sept. 19 to Nov. 30, the statement added. Reuters previously reported…

Asharq Al-Awsat

Shanghai reports 3 asymptomatic, 0 symptomatic COVID cases for Sept 18

Shanghai reported three new domestically transmitted asymptomatic coronavirus cases for Sept. 18, up from zero a day earlier, while no local symptomatic cases were reported, the same as the previous day, the city government said on Monday.

Reuters

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Tribune News Service

Xi’s heir is likely among China’s rising ‘luckiest generation’

The spotlight at China’s leadership congress next month will fall on the elite lineup installed to steer the world’s No. 2 economy. But another lesser-watched group will also advance, and an eventual successor to President Xi Jinping is likely among them.

The Independent UK

Chinese factory churns out British flags after queen's death

Ninety minutes after Queen Elizabeth II died, orders for thousands of British flags started to flood into a factory south of Shanghai

Investors Business Daily

Tesla China Offers De Facto Price Cut As Wait Times Plunge

With Tesla China wait times all down to one week amid soaring production, the EV giant is offering a de facto price cut as rival EVs step up.

The Conversation

Ukraine war: Putin's failure will pave the way for China's rise to pre-eminence in Eurasia

What had been suspected for some time has now come out into the open: China has “concerns” about Russia’s invasion of Ukraine. While this is hardly a big surprise, the source and venue of this admission is. Few would have expected Vladimir Putin himself to make such a statement –…

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The Guardian - UK

Weather tracker: Typhoon Muifa wreaks havoc in China after summer of records

Highest red alert issued in Shanghai as meteorological autumn does not give way to cooler temperature in France

Asharq Al-Awsat

Typhoon Muifa Lashes Eastern China, Forcing 1.6 Million from their Homes

High winds and heavy rain lashed China's densely populated east coast on Thursday, after Typhoon Muifa forced around 1.6 million people to leave their homes and grounded most flights at Shanghai's main airports. Muifa is the strongest tropical cyclone to hit Shanghai -- home to more than 25 million people…

AFP

Typhoon Muifa lashes eastern China, forcing 1.6 million from their homes

Shanghai (AFP) - High winds and heavy rain lashed China's densely populated east coast on Friday, after Typhoon Muifa forced around 1.6 million people to leave their homes and grounded most flights at Shanghai's main airports.

The Independent UK

Storm moves up east China coast after blowing over Shanghai

A tropical storm was advancing up China's eastern coast after bringing typhoon-strength winds and rain to Shanghai overnight

AFP

Typhoon Muifa makes second landfall on China's coast

Shanghai (AFP) - Typhoon Muifa on Thursday made landfall for a second time on China's densely populated east coast, after causing the cancelation of all passenger flights at Shanghai's two international airports as it hit land.

AFP

All Shanghai passenger flights cancelled as typhoon hits

Shanghai (AFP) - All passenger flights at Shanghai's two international airports were cancelled Wednesday, the airport operator said, as Typhoon Muifa made landfall on China's densely populated east coast.

Reuters

Typhoon Muifa pounds eastern China with strong gales, rain

Powerful gales and torrential rains battered Zhoushan in eastern China on Wednesday as Typhoon Muifa made landfall at the port city in what local media called the strongest tropical cyclone to hit the populous Yangtze River Delta in a decade.

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