Wheels come off bike-sharing firm

CHONGQING - A bike-sharing startup has gone bust after less than five months, despite being named after Wukong, the omnipotent Monkey King, in the Chinese classic Journey to the West.

IN BRIEF (Page 6)

Tesla China is mulling local factory

Elon Musk's Tesla Inc - the highest valued car producer in the United States with a market capitalization of over $60 billion - never fails to surprise people, and this time it is the electric carmaker's localization plans for China.

Parts maker celebrates opening of Detroit tech center

For Zhang Daocai, chairman of the Sanhua Holding Group, it was a "historic moment, a milestone."

Sokon unit buys US car assembly plant for $110m

SF Motors, an auto company in southwestern China's Chongqing, has signed an agreement with US heavy vehicle and contract automotive manufacturer AM General to buy the latter's commercial assembly plant, or CAP, for $110 million.

China-US dialogue displays shared will to work together

The Korean Peninsula, the South China Sea, terrorism, military-to-military cooperation ... the list goes on.

Vital to lower institutional costs

When meeting a delegation of business leaders from the United States in Beijing on Tuesday, Premier Li Keqiang said China will gradually expand its market access and further optimize its business environment to raise the competitiveness of the country's economy.

Spiral of silence sets the stage for fleecing a gullible audience

A CELEBRITY "DOCTOR", who promotes "medicinal products" in TV advertisements by claiming they are able to cure many chronic diseases, has been exposed by People's Daily as being a performer rather than a medical professional. Ifeng.com comments:

Legal precedent profits e-commerce

A MAN WAS RECENTLY found guilty of running a website that helped online shops falsify the number of transactions they made in order to fool people into believing they were trusted by consumers. That is the first time someone has been punished for this kind of crime in China. Beijing News comments:

For demographic balance, boosting birth rate de rigueur

CHINA'S WORKING AGE population, namely people aged between 15 and 59, reached its peak in 2010, said Cai Fang, vice-president of the Chinese Academy of Social Sciences in a recent speech. Beijing News commented on Thursday:

Cartoon

The dark side of voting in elections

According to an unpublished "kitchen table survey", conducted before last November's presidential election in the United States, about 95 percent of the predominantly Hispanic members of one of the US' largest domestic unions preferred Democratic Party candidate Hillary Clinton to her Republican opponent Donald Trump. Yet less than 3 percent of that union's members actually planned to vote. The reason came down to economics.