Headline News

Tesla Shanghai factory hits 4-mln car output mark

Dec 8, 2025
Tesla's Gigafactory in Shanghai has made headlines by producing its 4 millionth vehicle, contributing to nearly half of the company’s global deliveries. Meanwhile, China’s leaders discussed the economy for 2026, emphasizing stable macro policies despite challenges. There's also an intriguing look at the recent Hong Kong legislative council elections and an alarming report of a shot fired in an Oslo shopping center, thankfully resulting in no injuries. Plus, updates on the unfortunate water damage at the Louvre Library affecting precious Egyptology volumes.
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INSIGHT

Macro Policy Direction For 2026

  • China plans a more proactive fiscal policy and a moderately accommodative monetary stance for 2026.
  • The government aims to expand domestic demand, optimize supply, and accelerate new quality productive forces.
INSIGHT

Trade Growth And Belt And Road Role

  • Official data shows China's traded goods grew 3.6% in the first 11 months to over 41 trillion yuan.
  • Exports rose 6.2% while imports increased 0.2%, with Belt and Road partners accounting for over half of foreign trade.
INSIGHT

Rapid Buildout And Ramp-Up

  • The Shanghai plant began construction in January 2019 and produced its first car in December the same year.
  • Rapid buildout and ramp-up show how quickly large-scale EV manufacturing can be realized with focused investment.
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