Three Dead, Fifteen Injured in Knife Rampage at Shanghai Walmart
A 37-year-old man surnamed Lin went on a rampage with a knife at a Walmart supermarket in Shanghai on Monday night, killing three people and injuring 15 others. Chinese police have provided few details about the suspects or their motives, including whether the attack was intentionally timed to coincide with China's National Day holiday. On […]
Tesla’s Shanghai Factory Suffers 24% Drop in Shipments amid EV Price War
Elon Musk’s Tesla saw shipments from its Shanghai factory in June plummet 24.2% from the same month last year, marking its fourth decline this year as the company struggles with intensifying price wars in the Chinese market. Bloomberg Report Tesla’s Model 3 and Model Y deliveries fell to 71,007 units in June, down 2.2% from […]
Zero COVID Horror Show in Shanghai
Estimated Reading Time: 2 minutes Shanghai, the financial capital of China with a population of 25 million people, currently faces its third week of steep increases in cases of COVID-19. In response, the Chinese Communist Party (CCP) implemented harsh COVID-19 restrictions in Shanghai, sending an army of healthcare workers to enforce them. Citizens cannot leave their homes. They can […]
Antony Blinken Promotes ‘Expansion of Exchanges’ with Chinese Businesses in Shanghai
Secretary of State Antony Blinken met with junior Chinese Communist Party officials, students and businessmen in Shanghai on Thursday, pushing for “expanded exchanges” with the rogue state in several areas. The most notable of his meetings was with Secretary Chen Jining, General Secretary of the Communist Party in Shanghai. Said At a press conference before […]
China Offers Blinken Cold Welcome in Shanghai, Mocks Visit as ‘Imploring’
Secretary of State Antony Blinken landed He met with senior officials in Shanghai, China on Wednesday afternoon, but received no notable honors when he landed, before being loudly warned by the Foreign Ministry not to challenge the Communist Party with its belligerent policies. Blinken is scheduled to spend three days in China, starting in Shanghai, […]
Stock market today: Asian shares are mixed and Shanghai gains on strong China factory data – Yahoo Finance
BANGKOK (AP) – Asian stocks were mixed on Monday, with Shanghai stocks up 1% after a survey showed improving conditions in China’s manufacturing industry. Sydney and Hong Kong were closed for the Easter Monday public holiday. Tokyo’s Nikkei Stock Average fell 1.4% to 39,803.09 yen. Bank of Japan Quarterly Survey A survey of business conditions […]
Mumbai becomes Asian capital with most billionaires, bumping Shanghai: report
Mumbai has officially overtaken Shanghai as the Asian capital with the most billionaires, according to the new Hurun World Billionaires List 2024. report. India’s financial powerhouse, Mumbai, currently has 92 billionaires, trailing Beijing with 91 and Shanghai with 87. According to the report, this year’s list features Mumbai in the top three globally for the […]
Apple Boss Tim Cook Sucks Up to China During Shanghai Visit
Apple CEO Tim Cook, who is currently in Shanghai to open the company’s eighth store in the city, is aware of China’s important role in Apple’s supply chain and the country’s has been vocal about the company’s commitment to investing in Mr Cook’s frantic PR campaign comes as the iPhone has lost its place as […]