An electric vehicle assembly line at Beijing Electric Vehicle, funded by the Beijing Automotive Group, in China’s capital city. The announcement by President Xi Jinping could pave a way for the Shanghai government to bring Tesla back to the negotiating table. The US carmaker is considering a factory at Lingang New City, part of Shanghai’s free-trade zone. Photo: Reuters

Xi Jinping puts China’s car industry in top gear with plans to raise foreign investment cap, lower import tariffs 

Tesla expected to be top beneficiary of reforms announced by Chinese president

Topic |   Boao Forum for Asia

TOP PICKS

An electric vehicle assembly line at Beijing Electric Vehicle, funded by the Beijing Automotive Group, in China’s capital city. The announcement by President Xi Jinping could pave a way for the Shanghai government to bring Tesla back to the negotiating table. The US carmaker is considering a factory at Lingang New City, part of Shanghai’s free-trade zone. Photo: Reuters
READ FULL ARTICLE