Tesla paid 222.42 million yuan ($31.13 million) for use rights to a 19.7-hectare (48.7 acres) plot in Shanghai for $31.13 million
The move reflects the government's will to restore the tattered public finances and revive a lacklustre economy
From chartering cargo planes to pairing sea and land transport, exporters are making desperate plans to ensure toys, apparel, tea and auto parts reach retailers
Growing demand for cheaper products and services and the advent of a new breed of discount stores is threatening to embed deflation more permanently into the Chinese economy
Many automakers have sold their assets in Russia for a nominal fee, but included buyback options that could one day allow them to return
Drilling a single hole to search for a mineral can cost from $7,000 to $33,000 and building a more accurate virtual picture could slash costs, Atomionics CEO says
Khan’s party turned a written version of a script he wrote in prison into an AI speech by creating a ‘voice clone’ from his existing speeches
Among other measures, the rules implement tougher licensing regulations and call for stronger protection of user information and payment accounts
A wave of Chinese EV makers are expanding in Europe amid slowing demand at home
The Japanese automaker is joining foreign brands like Tesla and BMW that are expanding their exports of China-made cars to exploit the country's lower manufacturing costs
The surge in Indian equities follows US Fed Chair Jerome Powell's acknowledgment of the risks of delaying rate cuts
The plan comes amid Beijing’s push to tamp down national security risks and heightened concerns around large-scale data leaks and hacking