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Added on the 07/06/2016 18:38:47 - Copyright : Reuters EN
Senior U.S. officials have again pressed China to reduce barriers for foreign businesses, saying concerns have grown due to a more complex regulatory environment. As David Pollard reports, it follows a series of government investigations targeting foreign companies and the roll-out of a national security law limiting the use of overseas technology.
Images from the intersection of Anfu road and Wulumuqi street. The barriers and police are at the location that saw demonstrations over the weekend in Shanghai calling for an end to Covid lockdowns and demanding political freedoms. IMAGES
Tesla’s issues with faulty production and inconsistent quality extend outside the U.S. market: As first reported by Bloomberg, the automaker is set to recall close to 30,000 of its imported Model S and Model X cars from China, citing problems surrounding the vehicle’s suspension systems. Per a statement from China’s State Administration for Market Regulation—a relatively new and broadly empowered agency with functions similar to the SEC, CFTC, FDA, and USPTO in the United States—Tesla’s Beijing branch issued recalls for 29,193 Model X or Model S cars made between September 17th, 2013 and January 15th, 2018. The vehicles built during that roughly four-and-a-half year window may have rolled off the factory line with major suspension defects.
Hangzhou, Oct 22 (EFE/EPA).- China's Ant Group, the fintech arm of e-commerce giant Alibaba, will make its initial public offering in the Shanghai Stock Exchange STAR Market next week in a debut that could raise around $200 billion.Ant Group will make its stock exchange debut with the issuance of up to 1.67 billion Shanghai-listed A shares, the company said in a letter to the Chinese exchange on Thursday. (Camera: ALEXANDAR PLAVEVSKI).SHOT LIST: ANT GROUP HEADQUARTERS IN HANGZHOU, CHINA.
Beijing, Aug 5 (EFE).- Zheng was a truck driver in his hometown in the central province of Shanxi before he moved to Beijing five years ago to join the ranks of Dai Jia or substitute drivers.His job is to wait for someone who has drunk too much alcohol during dinner to hire his services through a mobile application.He then goes to the restaurant in question on an electric, foldable bicycle which fits inside a car trunk and drives the client home in their car. (Camera: JAVIER TRIANA).SHOT LIST: A DRIVER FOR HIRE ATTENDS TO HIS CUSTOMERS WHILE OTHER DRIVERS WAIT FOR MORE CUSTOMERS ON THE STREET NEAR RESTAURANTS IN BEIJING, CHINA.
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