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The Latest Breaking News from Shanghai

Who is Li Qiang, the man poised to become China’s next premier?

Communist Party chief of Shanghai has been anointed as the second-ranking Politburo Standing Committee member thanks to his loyalty to Xi Jinping

The Guardian - AU

All Xi’s men: Takeaways from China’s historic Communist Party Congress

The 20th session of the Chinese Communist Party Congress in Beijing ended Sunday with Xi Jinping securing an unprecedented third presidential term. That was the set piece, arranged for maximum political ends. The real story though was the unscripted dramas – the men who rose and fell in the party’s…

France 24

Ding Xuexiang: from Xi staff chief to ruling elite

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.

Reuters

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Who’s who in Xi Jinping’s China as leader cements power

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

The Guardian - UK

China's next premier Li: A Xi loyalist who oversaw Shanghai lockdown

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.

Reuters

Who’s on China’s new Politburo Standing Committee?

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

Al Jazeera

A look at the 7 men slated to lead China's Communist 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

The Independent UK

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Tesla Production Sites By Model Assignment, Capacity: October 2022

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

InsideEVs

‘I feel like I’ve been abandoned by the world’: Chinese youth hit by record unemployment

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…

France 24

Shanghai island to host 3,250-bed COVID quarantine facility

Shanghai plans to build a 3,250-bed COVID-19 quarantine facility on a small island close to its city centre as China stands by its stringent zero-COVID controls, rather than relaxing curbs as many other countries have done.

Reuters

Potential Tesla Record: Over 10,500 EVs At Shanghai Port For Export

Tesla was unable to live up to Wall Street's Q3 2022 delivery estimates, but it's gearing up to hit its goal of 50 percent growth by the end of the year.

InsideEVs

Anti-CCP protest and lockdown fears fuel China tensions before congress

Images show banners emblazoned with protest messages hanging from overpass on major road in Beijing

The Guardian - UK

Why Companies Decide To Leave or Stay in China

A recent survey of more than 500 Taiwanese companies shows a quarter have moved a part of their production or sourcing out of China.

The News Lens

Shanghai Covid cases jump to three-month high as schools close

BEIJING: Shanghai’s Covid cases jumped to a three-month high as city officials quietly shuts schools and a raft of other venues to try to rein in a flareup that’s hit the financial hub just days before one of China’s most important political events.

The Times of India

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Reuters

Shanghai says water supplies 'normal' after shortage scare sparks hoarding

Authorities in the Chinese financial hub of Shanghai have told citizens that municipal water supplies remain "normal", dispelling rumours of shortages and quality issues that led to a wave of panic-buying throughout the city on Tuesday.

Reuters

After COVID lockdown, eyes on Shanghai chief at party congress

Once seen as a sure bet for elevation to China's elite Politburo Standing Committee or even as the country's next premier, Li Qiang's glide path to the upcoming Communist Party Congress was buffeted by Shanghai's grinding two-month COVID-19 lockdown.

Reuters

Ding Xuexiang: from Shanghai party cadre to Xi gatekeeper

When Xi Jinping left China for the first time in more than two years to visit Central Asia last month, his entourage included a familiar face from domestic trips.

InsideEVs

China: Tesla EV Sales And Exports Increased In September 2022

In September, Tesla noticeably increased local retails sales and export of electric cars, produced at the Tesla Giga Shanghai plant in China.

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Reuters

China steps up anti-COVID measures in megacities as infections mount

Shanghai and other big Chinese cities, including Shenzhen, have ramped up testing for COVID-19 as infections rise, with some local authorities hastily closing schools, entertainment venues and tourist spots.

Birmingham Post

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

Benzinga

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

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

Asharq Al-Awsat

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…

Motor1

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.

Bangkok Post

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.

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