Shanghai unveils five-year fintech hub plan

By Nicole Jao

Jan 16, 20201 min read Shanghai’s skyline as seen from The Bund on April 13, 2019. (Image credit: TechNode/Eugene Tang)Shanghai has set its sights on becoming a globally competitive fintech hub in five years, according to a new action plan released …

Local governments begin Foreign Investment Law rollout

By Lavender Au

Jan 3, 20202 min read Lobby of the Shanghai Stock Exchange, Lujiazui Financial District, Pudong, China. (Image credit: TechNode/Eugene Tang)Shanghai’s market regulator granted its first business license to a foreign-invested enterprise funded by a C…

Tesla Model 3 price cut could jolt China market: analysts

By Jill Shen

Dec 19, 20191 min read A customer in Tesla’s Xintiandi showroom in Shanghai on March 11, 2019. (Image credit: Yu Dingzhang/TechNode)Tesla is reportedly planning to slash the price of its made-in-China Model 3 sedan model by at least one-fifth next y…