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May, 2, 2016

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China
Car-sharing set to drive future travel in China
Motoring experts expect emerging transportation-sharing services to create new opportunities and foresee great leaps in the near future, while Chinese customers' preference for short trips is car-hailing services with a private driver.
 
Market on 'honeymoon' as hard landing fear recedes
Institutional investors have increased their allocations for the A-share market as they expect a more stable outlook for the Chinese economy for the rest of the year, given the receding fears of a hard landing.
 
China's enhanced efforts to curb pollution through market mechanisms could risk failure without appropriate emission permit allocation and market liquidity, according to analysts.
 
Editor's Note: Encouraged by the clustering effect of some of the country's coastal industrial towns, the Chinese central government has decided to build the Chengdu-Chongqing city cluster as a new economic power engine in the country's inland areas.
 
Corruption cases involving three million yuan (US$463,000) or more may incur the death penalty in the future, Chinese authorities ruled Monday, signaling that officials could be executed for graft.
 
China mulls lifting ban on online lottery sales this year
Want to try your luck online? It seems that lady luck could soon be smiling as the government mulls lifting the ban on online lottery sales, said the business newspaper The Economic Observer quoting a source.
 
New study shows mammals can be developed in spaceNew study shows mammals can be developed in space
The latest experiment results from China's SJ-10 recoverable satellite have been sent back with some groundbreaking news. For the first time in human history, it has been proven that the early stages of embryos in mammals can be developed completely in a space environment.
 
Economy stabilizing, data show
New data show that the Chinese economy is stabilizing, thanks primarily to growth in the service industries and internet-based businesses, although the manufacturing sector remains weak.
 
Property market rebounds but housing stocks flat
China's property sector staged a revival in March, with real estate investment, sales, housing new starts and funding all rebounding strongly.
 
Amazon unveils new Kindle at $370
Amazon.com Inc unveiled on Thursday a top-of-the-line Kindle, extending its reach to high-end Chinese customers, who not only enjoy reading but also want to read in style.
 
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