Elderly Shanghai hoarder becomes hot social media topic evoking sympathy from netizens

Volunteers in Beijing teach elderly people how to use smartphones. Photo: Xinhua An elderly woman living in Shanghai became a trending topic earning nearly 200 million views on Sina Weibo as of Tuesday after her rampant hoarding behavior caught the attention of netizens, many of whom called for more to be done to take care… Continue reading Elderly Shanghai hoarder becomes hot social media topic evoking sympathy from netizens

Tesla turns Gigafactory Shanghai into its new ‘export hub,’ and July numbers are showing it

Tesla recently said that it has shifted its “export hub” from Fremont Factory to Gigafactory Shanghai, and Tesla’s July results in China are confirming that. During Tesla’s Q2 2021 results last month, the automaker said that it is making Gigafactory Shanghai its “new primary vehicle export hub”: “Due to strong U.S. demand and global average… Continue reading Tesla turns Gigafactory Shanghai into its new ‘export hub,’ and July numbers are showing it

Global markets follow Wall St higher as virus fears recede

BEIJING (AP) — Global stock markets followed Wall Street higher Thursday for a second day as optimism about an economic recovery appeared to outweigh concern over rising coronavirus cases and inflation. Market benchmarks in Frankfurt, Shanghai and Hong Kong advanced. London opened down less than 0.1%. Japanese markets were closed for a holiday. Wall Street… Continue reading Global markets follow Wall St higher as virus fears recede