CHINA'S growing car craze is threatening to cripple the bicycle industry all over the world, South China Morning Post reports.
The mainland’s bicycle use dropped from 33% in 1995 to 27% in 2000, while annual bicycle sales, which once peaked at 40 million, are now running at between 22 million and 25 million.
In a report on sustainable transport in China and other developing nations, the Institute for Transportation and Development Policy, a US-based think-tank, said the dramatic drop in China’s domestic bicycle sales meant falling prices for bicycles worldwide.
China is the world’s largest bicycle manufacturing nation, accounting for about 60% of the market.
A STATUE of colonial monarch King George VI could be dethroned by a monument to Sun Yat Sen, the founding father of modern China, in the Hong Kong Zoological and Botanical Gardens.
According to South China Morning Post, the chairman of the Central and Western District Council, Wu Chor Nam, wants to move the statue of the monarch from its prime position in the heart of the park and replace it with one of Dr Sun.
Under a proposal to be debated, the statue of King George VI would be shifted to a vacant area of the zoological section of the park.
“The best location should be given to Dr Sun, the founder of modern China. This place is the best because it occupies the central location and oversees the surroundings,” Wu added.
DISGRACED former Hong Kong legislator Gary Cheng Kai Nam is now the deputy chief editor at a Chinese-language magazine, three weeks after walking out of prison.
Cheng, 52, the former vice-chairman of the Democratic Alliance for Betterment of Hong Kong, was jailed for 18 months for misconduct in public office, accepting an advantage as a public servant, theft and false accounting. He was released six months early for good behaviour.
According to South China Morning Post, the details about Cheng joining Express Weekly would be announced later.
The magazine, which goes on sale every Wednesday and sells for HK$12 (RM5.90), is published by South China Media.