Quotable

We are seeing more hosts from first and second-tier cities renting out their apartments, and some are even renting out small commercial properties such as bookstores and flower shops they own."

Chen Chia, co-founder of Xiaozhu.com, an Airbnb-style rental service

"The sluggish market conditions and the surge of Internet television companies, such as LeTV Holdings Co Ltd and Xiaomi Corp, mean the traditional (television makers) might have faced a severe 2015 ... Market competition will become more intensive in 2016."

Liang Zhenpeng, a consumer electronics analyst a cnics analyst.

(China Daily European Weekly 02/05/2016 page24)