Tesla in China priced 23 percent less than in Europe

Tesla has reduced the price of its Model 3 sedan from its new Chinese factory by almost a tenth. A cheaper Tesla should appeal to Chinese consumers better, is the thought of the American automaker. Together with the subsidy from the Chinese…

Chinese industry grew further in December

Activity in the large Chinese industry grew further in December, but at a slightly slower pace than in November. This is according to figures from research agencies Markit and Caixin. The purchasing managers' index was 51.5 last month,…