Shanghai begins driverless trains trial run on metro line

Shanghai has begun a trial run of driverless trains on its first automated metro line, becoming the third Chinese city to introduce the unmanned system to its tracks. The automatic trains went into service on the Pujiang Line on Saturday, increasing the ... ( read original story ...)

China revives long-stalled property tax to combat housing bubble

head of property research at China Securities in Shanghai. “Two years ago everyone was discussing whether it would ever happen, but now it’s very clear that it will.” Rosealea Yao, property analyst at research group Gavekal Dragonomics in Beijing ... ( read original story ...)