Tesla to Build Factory in Shanghai for Large-Scale Batteries
The company plans to break ground this year on a plant that will produce 10,000 of its energy-storage units known as Megapacks annually.
Posted inBeijing (China) China Guangdong Province (China) Guangzhou (China) Hebei Province (China) Infrastructure (Public Works) Local Government Shaanxi Province (China) Shanghai (China) Shenzhen (China)
China’s Cities Are Buried in Debt, but They Keep Shoveling It On
China has long pursued growth by public spending, even after the payoff has faded. Cities stuck with the bill are still spending — and cutting essential services.
Posted inBioNTech SE China Communist Party of China Coronavirus (2019-nCoV) Lee Kuan Yew School of Public Policy Li Qiang (1959- ) Musk, Elon National People's Congress (China) Politics and Government Shanghai (China) Shanghai Fosun Pharmaceutical Group Tesla Motors Inc United States International Relations Wenzhou (China)
China’s New Premier Needs to Revive Growth. How Far Will Loyalty Get Him?
Li Qiang’s business-friendly reputation could bolster confidence in China’s economy. But he is stepping into a role with diminished power under Xi Jinping.
Posted inChina Communist Party of China Coronavirus (2019-nCoV) Factories and Manufacturing Guangzhou (China) Labor and Jobs Lunar New Year Nio Ltd Shanghai (China) Shopping and Retail Tesla Motors Inc Wages and Salaries
Why China’s Economy Faces a Perilous Road to Recovery
Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.