Volkswagen’s Electrifying Leap in China: A 2024 Overview
SHANGHAI – In the ever-evolving automotive landscape of China, Volkswagen Group China has made significant strides, delivering a robust performance with 3.236 million vehicles reaching customers in the mainland and Hong Kong in 2023, marking a 1.6 percent increase. This … Continue reading Volkswagen’s Electrifying Leap in China: A 2024 Overview
BMW Group builds five high-voltage battery factories
MUNICH – BMW’s “Neue Klasse” (New Class) will usher in a new era of fully electric driving at the BMW Group – the success of which will depend heavily on the production of powerful, high-voltage batteries. That’s why the BMW … Continue reading BMW Group builds five high-voltage battery factories
TEMU E-Commerce: Disruptive Force in Western Retail
SHANGHAI – In a bold move that has sent ripples across the global retail landscape, TEMU, the e-commerce platform known for its rock-bottom prices, has emerged as a formidable contender in the West’s retail sector. Since its inception in 2022, … Continue reading TEMU E-Commerce: Disruptive Force in Western Retail
Porsche Triumphs in Shanghai: Da Costa Secures Victory
SHANGHAI – In a remarkable display of skill and strategy, the TAG Heuer Porsche Formula E Team celebrated a significant victory at the Shanghai E-Prix, with driver António Félix da Costa leading the charge to the checkered flag. The race, … Continue reading Porsche Triumphs in Shanghai: Da Costa Secures Victory
Cathay Pacific Passengers Endure Terrifying Turbulence
HONG KONG — Cathay Pacific Airways passengers aboard Flight CX341 from Shanghai to Hong Kong faced harrowing moments on Tuesday night as their aircraft battled intense turbulence and failed twice to land at Hong Kong International Airport due to severe … Continue reading Cathay Pacific Passengers Endure Terrifying Turbulence
CTW China a platform for International exhibitors
SHANGHAI – In a new chapter for Corporate Travel World China (CTW China), XIN MICE (Beijing) Co., Ltd. (XIN MICE) has officially signed on as the co-organizer of the event. As China’s leading professional meetings, incentives, conferences and exhibitions (MICE) … Continue reading CTW China a platform for International exhibitors
Hyatt plans first Alila Hotel in Shanghai
SHANGHAI – Hyatt announced that a Hyatt affiliate has entered into an agreement with an affiliate of Fungseng Prosperity Holdings Limited to develop a 188-room Alila hotel in the Jing’an District of Shanghai. A high-profile conversion project, Alila Shanghai is … Continue reading Hyatt plans first Alila Hotel in Shanghai
Shanghai stock exchange suspends Ant Group’s IPO
HONG KONG/NEW YORK – China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma. The … Continue reading Shanghai stock exchange suspends Ant Group’s IPO
Huawei invites to tech forum in Shanghai
Shanghai – The world’s largest smartphone maker will host the annual Huawei Connect tech forum from Wednesday to Saturday in Shanghai. Chairman Guo Ping will open the gathering with a 15-minute speech, the first executive-level public address since Huawei was … Continue reading Huawei invites to tech forum in Shanghai
Shanghai Disneyland reopens after three months
Shanghai – Three months after it closed, Shanghai Disneyland will be the first Disney theme park to resume business, though admission will be limited. Tickets for the first three days were snapped up quickly when they went on sale on … Continue reading Shanghai Disneyland reopens after three months