Latest Shanghai News
Chinese scientist who first published COVID sequence stages protest after being locked out of lab
SHANGHAI (AP) — The first scientist to publish a sequence of the COVID-19 virus in China staged a sit-in protest outside his lab after authorities locked him out of the facility — a sign of Beijing's continuing pressure on scientists conducting research on the coronavirus. Zhang...
Tesla CEO Musk visits China as competitors show off new electric vehicles at Beijing auto show
BEIJING (AP) — Tesla CEO Elon Musk met with a top government leader in the Chinese capital Sunday, just as the nation's carmakers are showing off their latest electric vehicle models at the Beijing auto show. Chinese Premier Li Qiang told Musk that he hopes the U.S. will work more...
Daqo: Q1 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Daqo New Energy Corp. (DQ) on Monday reported net income of $15.5 million in its first quarter. The Shanghai-based company said it had profit of 24 cents per share. The solar panel parts maker posted revenue of $415.3 million in the...
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
SHANGHAI (AP) — U.S. Secretary of State Antony Blinken raised what the U.S. describes as unfair Chinese trade practices during his first full day of meetings in China on Thursday with local government officials in the financial hub of Shanghai. Blinken met with the city's top...
As Blinken heads to China, these are the major divides he will try to bridge
WASHINGTON (AP) — Secretary of State Antony Blinken is starting three days of talks with senior Chinese officials in Shanghai and Beijing this week with U.S.-China ties at a critical point over numerous global disputes. The mere fact that Blinken is making the trip — shortly...
China-born Zhou Guanyu will be a star regardless of who wins the F1 race in Shanghai
SHANGHAI (AP) — Formula 1 returns to China this weekend after a five-year absence. And no matter who wins on Sunday, the star locally will be China-born driver Zhou Guanyu. Despite his so-so results, Zhou is being promoted as a celebrity in China. He’s the subject of a new film...
Germany's Scholz calls for fair competition and warns against dumping during China visit
BEIJING (AP) — German Chancellor Olaf Scholz called for fair competition in trade relations with China while warning about dumping and overproduction as he spoke to students in Shanghai on Monday. Scholz is visiting China against the background of looming EU tariffs on Chinese-made...
Stock market today: Wall Street slips as bond yields jump on surprisingly strong manufacturing data
NEW YORK (AP) — Most U.S. stocks slipped Monday after a surprisingly strong report on U.S. manufacturing cast doubts on how much interest rates can ease this year. The S&P 500 dipped 10.58 points, or 0.2%, from its all-time high to finish at 5,243.77. The Dow Jones Industrial...
Noah: Q4 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Noah Holdings Ltd. (NOAH) on Tuesday reported profit of $30.5 million in its fourth quarter. The Shanghai-based company said it had profit of 44 cents per share. Earnings, adjusted for non-recurring costs, came to 47 cents per share. ...
GDS Holdings: Q4 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — GDS Holdings Limited (GDS) on Tuesday reported a loss of $445.9 million in its fourth quarter. On a per-share basis, the Shanghai-based company said it had a loss of $2.44. Losses, adjusted for asset impairment costs, came to 62 cents per share. ...
