American electric vehicle maker Tesla Inc. has gained green light from China to set up its 100% owned company in Shanghai. The news came after President Donald Trump said in a tweet Sunday that he and Chinese President Xi Jinping are in discussions to give Chinese telecom company ZTE Corp “a way to get back into business, fast.” Tesla and ZTE seem to be the trade-offs between the two nations. Tesla has gained the approval from Shanghai Pudong New District Market Supervision Bureau on …

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