Subscribe to our free daily newsletters
  Energy News  




Subscribe to our free daily newsletters



TRADE WARS
Treadmills to karaoke -- China goes sharing crazy
By Peter STEBBINGS
Shanghai (AFP) Aug 11, 2017


Backed by a torrent of venture capital, China has gone sharing mad with everything from treadmills to karaoke booths and napping capsules all up for short-term rent -- and at the click of a smartphone.

With the boom spawning some novel ideas but also warnings of a sharing "bubble" in the world's second-largest economy, AFP lists a number of the services that have come (and gone) in China in the last 18 months.

Two-wheel menace?

Brightly coloured bicycles kicked off the sharing craze last year and have since threatened to take over pavements and streets. That sparked a backlash and Beijing and Shanghai are among the cities that moved to lay down regulations. At least two Chinese bike-sharing services have gone bust and it is not uncommon to see officials carting bikes off to a fate unknown.

Beaming in blue

If you are looking for something much more classy, a company in the northeastern city of Shenyang is rolling out a first batch of royal blue BMWs for sharing. Like the bikes, users scan a QR code with their mobile phones -- and bingo! A snazzy BMW 1 Series is yours for the rental fee of 1.5 yuan ($0.22) per kilometre, plus the 999 yuan deposit.

Treadmill in a box

Forget the sweaty gym and look no farther than a grandly named "shared sports warehouse" -- actually a treadmill inside a black-and-yellow glass-encased box. The company behind the scheme, which just launched, says there are 10 of the pods in Beijing and thankfully they come complete with air conditioning, plus a television to break the monotony.

Rude awakening

No need to head home for a rest, however, and instead pop in for a snooze at a shared napping capsule (you don't actually share it at the same time as a stranger). But no sooner had these cozy coffin-type structures popped up, the company behind them had a rude awakening when Shanghai authorities quickly closed them down and dismantled them, citing them as a fire risk.

Life of luxury

Experts say that while China is becoming increasingly wealthy, many people remain very cost-focused. So rather than shelling out for the handbag of your dreams, why not just borrow one? Companies renting out top European-brand handbags say it also means users are guaranteed that they are getting the real thing, not a cheap knock-off. Just don't spill any wine on it.

Subway KTV

Karaoke ("KTV") booths are springing up in shopping centres and subways, taking China "by storm", says state media. Thankfully they are more or less sound-proof, meaning wannabe pop stars can croon away as loud as they want, and the pods allow you to record yourself and upload your performance to your phone -- so you can show off to/annoy your friends.

And others you can share in China: electric scooters, phone chargers, work spaces, umbrellas and basketballs.

TRADE WARS
Chinese export, import growth rates slow in July
Beijing (AFP) Aug 8, 2017
Chinese trade growth slowed significantly in July compared to the previous month, official data showed Tuesday, coming in well below expectations after months of steady momentum. Analysts said that while export and import rates were still robust year-on-year, the latest data indicated a downward trend. Exports rose 7.2 percent year-on-year to $193.65 billion, the customs administration s ... read more

Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
India must rethink infrastructure needs for 100 new 'smart' cities to be sustainable

Allowable 'carbon budget' most likely overestimated

Sparkling springs aid quest for underground heat energy sources

Google's 'moonshot' factory spins off geothermal unit

TRADE WARS
Rice develops dual-surface graphene electrode to split water into hydrogen and oxygen

BAE Systems installing heat and power plant at Portsmouth, England

Metal clouds to protect fusion reactor walls from heat flux

How the electrodes of lithium-air batteries become passivated

TRADE WARS
Vertical axis wind turbines can offer cheaper electricity for urban and suburban areas

Annual wind report confirms tech advancements, improved performance, low wind prices

U.S. wind power momentum up 40 percent from last year

Shale-rich Oklahoma to host mega-wind farm

TRADE WARS
Solar glasses generate solar power

New method enhances broadband light absorption in solar cells

Lightweight catalyst for artificial photosynthesis

A new picture emerges on the origins of photosynthesis in a sun-loving bacteria

TRADE WARS
The Roadmap for Increased Safety and Viability of Nuclear Power Plants

Areva signs MOX fuel fabrication contract with Japan

Construction of two nuclear power plants in US halted

Nuclear contaminates earnings of France's EDF

TRADE WARS
Additive selectively converts CO2 to multicarbon fuels

New light-activated catalyst grabs CO2 to make ingredients for fuel

Biochar could clear the air in more ways than one

Algae cultivation technique could advance biofuels

TRADE WARS
Geopolitical tension in the driver's seat for oil prices

Continental Resources says it will do more with less

U.S. could be world's No. 3 LNG exporter

U.S. shale player Sanchez boosted by second quarter acquisition

TRADE WARS
US to join climate talks despite Paris accord exit

Government report sees drastic climate change impact in US: NYT

Small odds of reaching 2 C climate goal: researchers

Could spraying particles into marine clouds help cool the planet




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement