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May, 24, 2016

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China
Baidu, Wuhu city sign deal to test driverless cars in pilot zone
The Chinese tech giant Baidu Inc and Wuhu city of East China's Anhui province signed an agreement on Monday to jointly build an exclusive pilot area for driverless vehicles in the city.
 
Tim Cook visits Apple store in Beijing, with Didi president
Tim Cook, CEO of Apple Inc, is in China again. His eighth visit to Beijing since taking over the helm of Apple in 2011 highlights how important the world's largest mobile arena is to the United States tech giant.
 
Tourism investment up 42% to $154.3 billion last year
China's tourism sector saw 1.01 trillion yuan ($154.3 billion) in investment last year, up 42 percent from a year earlier, according to a report released by China National Tourism Administration on Sunday.
 
A Hong Kong man linked to the city's pro-democracy opposition was arrested in mainland China over a plot to use a drone to disrupt a visit to the city by a top Chinese Communist Party (CCP) member, state media reported Sunday.
 
Monday marks 50 years since start of Cultural Revolution
The 50th anniversary of the start of China's violent Cultural Revolution is passing without fanfare and has been almost completely ignored by the Communist Party-controlled media.
 
China bullet train in Venezuela stalls as pact derails
It was once billed as a model of socialist fraternity: South America's first high-speed train, powered by Chinese technology, crisscrossing Venezuela to bring development to its backwater plains. Now all but abandoned, it has become a symbol of economic collapse -- and a strategic relationship gone adrift.
 
Chinese consortium prepares for Singapore-Malaysia rail bidding
A Chinese consortium is preparing to bid for the high-speed project linking Malaysia's Capital Kuala Lumpur and Singapore, a source with China Communications Construction Group said on Friday.
 
China signed an agreement on Thursday on the exchange of country-by-country reports by multinationals, as the international community steps up efforts to tackle tax avoidance and evasion.
 
Cultural Revolution items nowadays highly collectible
At the "East is Red" shop in Shanghai, every nook and cranny is packed with memorabilia of China's Cultural Revolution, from small badges of Chairman Mao Zedong to gigantic posters of his iconic image.
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DeePoon gears up for wireless VR market boom
Chinese virtual reality hardware manufacturer DeePoon held a strategic announcement press conference on Thursday, rolling out its blueprint on building a domestic VR development platform for both industry developers and content providers.
 
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