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May, 3, 2016

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China
Global carmakers see rising competition in mainland China
Global carmakers gathered in Beijing on Monday to show off their wares as competition intensifies and growth slows in the world's biggest auto market, with the key SUV and new energy vehicle sectors the focus of attention.
 
Overseas insurers are increasingly noticeable on the shopping list of acquisition-minded Chinese companies whose recent buying sprees globally have driven the country's outbound mergers and acquisitions to a record high.
 
Incomes of SOE managers increase on reform
Average salaries for the managers of State-owned enterprises increased in more than a year since reform of the salary system, although their numbers have fallen.
 
Russia's YotaPhone targets Chinese 'trend setters'
The cut-throat competition in Chinese smartphone market has never frightened newcomers, but for exotic startups, the journey of starting from scratch and raising funds for expansion is tough. But a Russian company has managed to surprise the market.
 
Net-based healthcare services set to flourish in China
Like many people in China, Chen Hua (not her real name), a 60-year-old resident of Guangdong province, used to hate visiting hospitals because she had to wait in serpentine queues every time she required to see a doctor, pay medical bills and buy the prescribed drugs from the hospital pharmacy.
 
Xi says religious groups must obey CCP, as party tightens control of civil society
Chinese religious groups must obey the staunchly atheist ruling Communist Party, mainland Chinese leader Xi Jinping has told a key meeting on religion according to state media, as Beijing tightens controls on civil society organizations and churches.
 
China police stop Western diplomats from visiting dissident
A mainland Chinese lawyer said police stopped five Western diplomats who were trying to visit her in Beijing on Saturday after she had been prevented from traveling to the United States to accept an award for her rights work.
 
Xiaomi considers charging 5% membership fees
Improving the quality and competitiveness of products is the key to strengthen China's manufacturing power, said Lei Jun, CEO of Chinese smartphone maker Xiaomi, at the 2016 China Green Companies Summit on Saturday.
 
Chinese consumers go for hi-tech premium cars, says Hurun Report
Chinese premium car owners are more interested in high-technology configurations while the Europeans are more concerned about the practicability of the vehicle, according to a report released this week.
 
At least five people have been killed and dozens injured by storms raging in southwestern China that blew down a market building, state media reported on Friday.
 
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