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February, 21, 2017

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China
Payments made on Chinese smartphones are nearly 50 times greater than the number of mobile transactions in the United States, signaling a late-mover advantage with robust potential for the fintech sector, the Financial Times reported on Tuesday.
 
Co-working sows love across spaces
"Do What You Love" is Adam Neumann's catchphrase and no-one who has visited a location of WeWorkļ¼¨the world's biggest co-working space operator ...
 
Tighter property loans squeeze homebuyers
Homebuyers face more pressure getting financing after mortgage lending has tightened in several major cities, in a series of measures curbing speculative buying and cooling down the overheated property market, said analysts.
 
Exiled Tibetan leader hopes Trump to support China dialogue
The prime minister of the self-declared Tibetan government-in-exile said Monday that he has high expectations for President Donald Trump to support dialogue between the Tibetans and Beijing, as Trump's predecessors have.
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Retailers cash in on festival of love
Whether you've just fallen in love or have been in a relationship for years, getting a decent present online for the Valentine's Day has become a new norm to celebrate the holiday of love.
 
High-end hotels recorded a surge in the sales of their rooms with the approach of Valentine's Day, but demand for budget hotels has cooled down as young Chinese prefer to spend more.
 
Alibaba Cloud (AliCloud), the cloud-computing arm of Alibaba Group Holding Ltd, said on Monday it would double the capacity of its data center in Hong Kong, as it upped the ante with rivals Amazon.com Inc and Microsoft Corp in the fast-growing cloud-computing market.
 
China increased its steelmaking capacity last year by more than twice Britain's annual output, a report said Monday, despite repeated pledges to cut huge excess in the sector.
 
China sends sympathy to families of dead in Taipei bus crash
China expressed condolences Tuesday to families of the dead and those injured in a tour bus crash in northern Taiwan on Monday night that has claimed at least 33 lives and left the others on the bus injured.
 
Kid rewarded for honesty after scrapping BMW in China
Who says honesty doesn't pay off?
 
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