Shanghai closing on HK in foreign firms, finance

The number of multinational corporations setting up their regional or Asian headquarters in Shanghai hit the 700 mark in August. Among them, 106 companies including Apple, Tesla, General Motors, HP, Philips, Coca-Cola, ExxonMobil, German chemical giant Basf and others use the city as a base, managing their manufacturing and logistics across Greater China and even the entire Asia Pacific […]