Knockoff Lamborghini reported by policeman due to security concern
A mini Lamborghini-type car was stopped by policemen on a street in China. After the driver was stopped and he failed to produce any registration information for the vehicle, which didn’t have a license plate, he was told he couldn’t drive the car in China due to security reasons. The owner confessed he brought this car online with 30,000 RMB (roughly USD$4,400). This fake Lamborghini is a ‘Shanzhai’ model of the kind that are growing in demand in China, where you can get a smart car knock-off of a Land Rover, a Mercedes-Benz, or a BMW.
Weibo user comment:”Does the 7-day return policy still work as advertised?”
China’s Wanda sells theme park and hotels to Sunac with $9.3 billion
Sunac will buy 76 hotels from Wanda and purchase a 92 percent stake of 13 cultural and tourism projects. The CEO of Sunac, Sun Hongbin, said he’s seeking ways to expand beyond property into areas from healthcare to finance. Sunac has invested more than $12 billion over the past year and has become the most acquisitive company in China. According to Bloomberg, this is China’s largest property deal.
Weibo user comment: “Is this a move for Wanda to pay its debt of aggressive acquisition?”
Alibaba showcases Chinese Version of ‘Amazon Go’ at Taobao Maker Festival
Embracing the “new retail” model to further connect online and offline shopping, Alibaba launched an experimental cashier-less coffee shop called “Tao Cafe,” similar to the concept of Amazon Go which Amazon announced last year. Once the customer registers via the Taobao app at the entrance of the store, they can make the purchase without checking out at a cashier.
Weibo user comment: “What happens if the machines have a bug?”
White House mistakenly referred to President Xi as the president of Taiwan
The official transcript, released by the White House, which documented two countries’ leaders at the G20 summit in Germany, referred to Mr. Xi as president of “The Republic of China,” which is the official name for Taiwan.
Weibo user comment: “Somehow, I am not surprised that they made this mistake.”