Workers at the site of the Tesla manufacturing facility in Shanghai. The US carmaker broke ground on its planned US$5 billion factory on January 7, 2019. Photo: Bloomberg

Tesla helps Shanghai record increase in foreign investment for 2018

Mainland China’s commercial and financial capital shrugged off the US-China trade war to record an annual increase in foreign direct investment – driven in no small part by Tesla’s plan to build its first plant outside the US in the city’s free-trade zone.