Uber, the black cab ride-hailing service, continues to expand exponentially across China and is now reportedly logging a staggering 1 million rides per day. Despite this incredible growth rate, Uber is still only available in just 11 Chinese cities.
As a visiting professor in Beijing, I recently spent an evening talking about China's economic development with a group of futures traders at a short executive education course. One thing we all agreed on was that a shrinking workforce and an unbalanced economy are serious obstacles to the chances of China overcoming the middle-income trap that has caught so many promising emerging countries.
It is 7:15 on Monday morning. The flood of white collars has yet to descend on the metro station at People's Square, where the popular Chinese phrase renshan-renhai (a mountain and sea of people) really comes into its own.
On May 12, American ice cream brand Haagen Dazs refurbished one of its key outlets in Shanghai's Nanjing Road and began switching up its products.
The US Open used to be the place Tiger Woods showed why he was the best.
The biggest unknown for players coming into this week's US Open was how they would fare on the different course set-ups at Chambers Bay - and Thursday's first round provided some answers.
Rory McIlroy had only good things to say about Chambers Bay after his first look at the links-style layout.
"I was just praying. I always pray right before my round on the first tee. And so, yeah, that's all I was doing. I wasn't emotional or anything."
A domestic think tank will release a study later this month on sustainable development and global governance, a former senior government official said.
Traditional processing trade companies from Dongguan, Guangdong province, have achieved sustainable business growth due to increased focus on self-developed brands and spending on e-commerce, industry experts said on Thursday.
The US-China Strategic and Economic Dialogue meetings scheduled for next week are expected to lay the roadmap for a fruitful state visit by President Xi Jinping to the United States in September, experts said.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
