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Android phones may be collecting 10 times as much personal data from their users as iOS devices do from Apple phone users, according to a new research.

An opinion piece from Bloomberg published in May argued that Chinese consumers' embrace of mobile payment is key in the future development of sharing economy. China's demographic profile and changing nature of consumption are two other major factors.

Analysts believe the yuan will hopefully accelerate its global journey.

Anbang Insurance, founded in 2004, began overseas M&A's in 2014. First, it invested .95 billion to buy Waldorf Astoria Hotel in New York.

Analysts were confident the performance of the real estate market will improve further in the second quarter given the steady demand in the sector.