Shanghai

A Death, Arrests And A Chinese Football Club In Meltdown

Shanghai (AFP) – When Brazilian star Alexandre Pato jetted out of China for his holidays he played for Tianjin Quanjian. Two months and a dozen arrests later, the club as he knew it is gone. In its place is a new incarnation, although whether...
Related topics: China

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Dembele Leaves Tottenham To Join China’s Guangzhou R&f

Shanghai (AFP) – Mousa Dembele became the latest high-profile name to swap Europe for China when he left English Premier League side Tottenham Hotspur and joined Guangzhou R&F on Thursday. The 31-year-old Belgian international will cost...
Related topics: China

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Going Cashless In Shanghai

Chinese mobile payment apps have surged in popularity. Could U.S. credit card companies compete?
Related topics: China, Credit Cards

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Trump Trade Talk Rescues Us Equities After Shanghai Shitshow

Another day, another attempt to buy the dip to make sure everything looks awesome...   Ugly China data sparked weakness in stocks (no bad news is good news here)...   European markets were not pretty...   US Equity futures were down...
Related topics: China

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Apple Buys 50 Business-class Seats Every Day On Flights To Shanghai, According To A Confidential...

Apple buys 50 business-class seats every day from San Francisco to Shanghai, spending over $150 million a year on United Airlines. That's according to a photo of a "confidential" United sign posted to Twitter. Apple needs to fly its employees to...
Related topics: China, World Photos, Social Media

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Macquarie: Enjoy The Rally, But We'll Revisit The Lows Of 2018

Earlier this week we asked if, just like in early 2016, a new "Shanghai Accord" was coming. Implicitly responding to our rhetorical inquiry, Macquarie's Victor Shvets published a report titled "Shanghai redux & Benjamin Graham" in which he agrees...
Related topics: China

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Elon Musk Thinks The Next Tesla Ceo Could Be Chinese. It’s A Good Bet.

On Jan. 7, just outside Shanghai, Elon Musk broke ground for Tesla’s “Gigafactory 3.” Behind the stage where he made the announcement, there was nothing to see but a wet, muddy flat. By the end of the year, if all goes as Musk plans,...
Related topics: Tesla, China

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Is The "shanghai Accord" 2.0 Coming

Over the weekend, when commenting on the latest rather disappointing RRR cut out of China (which would release just enough liquidity to offset liquidity drains via the MLP and repo) we pointed out another, far more important event which took place...
Related topics: China

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Elon Musk "breaks Ground" In Shanghai 6 Months After Announcing Gigafactory 3 Plans

Elon Musk was recently in Shanghai to break ground on Tesla's first factory site outside of the U.S.. According to reports, he was accompanied by the Mayor of Shanghai, Ying Yong, and Tesla China Executives, including the company's VP of...
Related topics: China, Tesla

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Tesla To Break Ground On Shanghai Plant As Trade War Lingers

Tesla boss Elon Musk said the electric car-maker would break ground Monday on a Shanghai factory that will allow it to sell direct to Chinese consumers and avoid tariffs from the China-US trade war.
Related topics: Tesla, China

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Did China Just Hint At A New "shanghai Accord"?

There were a variety of catalysts behind Friday's "Jumbo"-sized, 747-point surge in the Dow, among which renewed trade talk optimism, a stronger than expected Chinese services PMI, a blockbuster jobs report, and of course Chairman Powell's dovish...
Related topics: China

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Global Stocks Continue Fall On Us-china Trade War

Asian markets Friday continued the global sell-off triggered by Apple’s warning of lower revenues and futures indicators predict a sharply lower opening for U.S. markets. The Tokyo market dropped 3 percent in morning trading, and markets in...
Related topics: China, Apple (AAPL), Japan, Tokyo

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Your Face Is Going Places You May Not Like

Many Chinese cities, among them Ningbo, are investing heavily in AI and facial recognition technology. Uses range from border control — at Shanghai’s international airport and the border crossing with Macau — to the trivial:...
Related topics: China, Airports

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Check Out This Astonishing 195-gigapixel Image Of Shanghai

We've seen some amazing gigapixel panoramas over the years, but this 195-gigapixel image of Shanghai is up there with the best of them. Like similar pictures, you can explore it by zooming in to see everything in amazing detail. The post Check out...
Related topics: China

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Chinese Football Imposes Salary Cap In New Spending Crackdown

Shanghai (AFP) – Chinese football on Thursday imposed a salary cap of 10 million yuan ($1.45 million) a year for domestic players and vowed to kick teams out for so-called “yin-yang contracts”. The swingeing measures are part of a...
Related topics: China

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Everyone Talks About Nio As The 'tesla Of China,' But The Automaker Is Carving Out Its Own Path In...

SHANGHAI, China — In no place was China’s growing obsession with electric cars more evident than inside the Oriental Sports Center in Shanghai on Saturday night, where the Chinese electric automaker NIO unveiled its new crossover SUV,...
Related topics: Tesla, China

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Food Delivery App Deliveroo Opens Its First Brick-and-mortar Restaurant In Hong Kong

Online food delivery app Deliveroo has opened its first brick-and-mortar location in Hong Kong, as reported by CNBC. In a press release, Deliveroo says the store will host five popular restaurants that will offer a variety of global dishes, like...
Related topics: Hong Kong, Cnbc, China

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World Stocks, Us Futures, Crude Soar As Trump, Xi Deliver Early Christmas Rally

The Grinch may have stolen Thanksgiving profits, but Christmas came early for markets with world stocks rising over one percent and pushing emerging currencies higher against the dollar, as S&P futures jumped as much as 2%... ... and the Shanghai...
Related topics: Christmas, Thanksgiving, China

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Fed & Fomo Rescue Stocks But Bond Yields, Bitcoin, & Black Gold Collapse

Trump better deliver... China stocks eked out a modest gain on the week thanks to a late Friday liftathon ahead of this weekend's uncertainty...   But Shanghai Composite closed down on the month (2nd month lower in a row)   European...
Related topics: Fed, Bitcoin, Black Friday, Gold, China

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War On Football? Chinese Players Get Army Drills, ‘thought Education’

Shanghai (AFP) – Chinese national squads and a top league team have packed young footballers off to military camps for drills and Marxist-style “thought education” as a campaign to promote Communist Party values spreads even into...
Related topics: China, Military

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