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May, 4, 2016

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China
Unpopular Hong Kong leader Leung Chun-ying gave evidence Tuesday in an assault case against a legislator who threw a glass at him in parliament, the first time a sitting chief executive has testified in court.
 
Shanghai introduces yuan-denominated gold benchmark price
The Shanghai Gold Exchange, the world's largest physical gold exchange, launched a yuan-denominated benchmark price on Tuesday in Shanghai, a measure that will benefit both China's domestic gold market and the global precious metals market.
 
Search engine giant Baidu Inc is expanding its mapping services beyond China, a move to tap into growing demand from Chinese tourists traveling overseas.
 
China Railway Corp Group, the country's railway service provider, which is fighting a dramatic slump in profits, plans to build a number of rail logistics centers in Anhui and Shandong provinces to support transportation of household appliances and diversify its business.
 
Aided by Alibaba, Sinopec opens online industrial platform
Asia's largest refiner China Petroleum & Chemical Corp, known as Sinopec, is pushing big into a market-oriented transformation with the launch of the country's largest online industrial supply system on Monday, ...
 
A Chinese man has been sentenced to death for selling 150,000 classified documents that revealed key secrets about military and mainland data encryption to an unidentified foreign spy agency, state broadcaster CCTV said Tuesday.
 
China announced its first-ever "fix" for the gold price on Tuesday, as the world's biggest producer and consumer of the yellow metal seeks to establish its own benchmark.
 
Mainland China is marking National Security Education Day with a poster warning young female government workers about dating handsome foreigners, who could turn out to have secret agendas.
 
China is banning the children of famous entertainers from appearing on hugely popular reality shows, as the country continues efforts to try to prevent the manufacture of child stars.
 
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.
 
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