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July, 30, 2016

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China
Beijing's home price may continue to rise in the second half year, backed by a lack of new supply, industry analysts said. New supply in the first-hand market are expected to continue to decline, and the majority of new supply will be located outside of the capital's Fifth Ring Road, according to a report by international real estate consultancy company Savills.
 
Housing price growth to slow down from H2
Growth in domestic housing prices and property investment is expected to slow from the second half of 2016 to the second quarter of 2017 ...
 
Drawing power out of thin air
People who loathe carrying around messy smartphone charging cables can breathe easy. Soon, while driving, they will be able to use Chinese wireless charging technology.
 
China announces South China Sea military exercises
China says it is closing off a part of the South China Sea for military exercises this week, days after the Hague-based Permanent Court of Arbitration ruled against Beijing's claim to ownership of virtually the entire strategic waterway.
 
Tokyo seeks to pressure Beijing on tribunal's South China Sea ruling
Tokyo raised pressure on Beijing at an Asia-Europe summit Saturday to respect an international tribunal's ruling that dismissed its claims to much of the South China Sea.
 
In China, 'Happy Gymnastics' over strict study
In a room full of bright-colored cubes and giant mattresses, giggling children climb bars, try somersaults and walk gingerly on a low balance beam. Some stand on their hands, showing off their bellies under the guidance of four coaches.
 
AC Milan sale to Chinese buyers may complete 'next week'
The protracted purchase of AC Milan by a Chinese consortium was postponed yet again on Monday, although a person familiar with the negotiations said the holdup was due to "little details" and the emblematic Italian club should change hands by next week.
 
Wanda shows interest in Viacom's Paramount
Chinese real estate and entertainment conglomerate Dalian Wanda Group has held talks with Viacom Inc about acquiring a minority stake in its Paramount Pictures unit, according to two people familiar with the situation.
 
Structural changes of social financing signal the nation's quickened pace of pressing ahead with supply-side reform, official data showed on Friday.
 
Baidu vows to further help Chinese developers expand overseas
Chinese Internet giant Baidu Inc opened "DU Ad Platform (DAP) Forum" on Thursday, aiming to support domestic mobile Internet developers to make profits overseas.
 
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