1 . Last year, 138,000 San Francisco residents used Airbnb, a popular app designed to connect home renters and travelers. It’s a striking number for a city with a population of about 850,000, and it was enough for Airbnb to win a major victory in local elections, as San Francisco voters struck down (否决) a debatable rule that would have placed time restrictions and other regulations on short-term rental services.
The company of Airbnb fiercely opposed the rule, Proposition F. It also contacted its San Franciscan users with messages urging them to vote against Proposition F.
Most people think of Airbnb as a kind of couch-surfing app. The service works for one-night stays on road trips and longer stays in cities, and it often has more competitive pricing than hotels. It’s a textbook example of the “sharing economy”, but not everyone is a fan.
The app has had unintended consequences in San Francisco. As the San Francisco Chronicle reported last year, a significant amount of renting on Airbnb is not in line with the company’s image. Middle-class families rent a spare room out to help make ends meet. Backers of Proposition F argued that this trend takes spaces off the conventional (传统的), better-regulated (监管更好的) housing market and contributes to rising costs.
San Francisco is in the middle of a long-term, deeply rooted housing crisis that has seen the cost of living explode. Located on a narrow land overlooking the bay, San Francisco simply doesn’t have enough space to accommodate the massive inflow of young, high-salaried tech employees flocking to Silicon Valley. Consequently, the average monthly rent for an apartment is around $4,000.
As the Los Angeles Times reported, some San Francisco residents supported the rule simply because it seemed like a way to check a big corporation. Opponents of Proposition F countered that the housing crisis runs much deeper, and that passing the rule would have discouraged a popular service while doing little to solve the city’s existing problems.
1. The intention of Proposition F is to ______.A.place time limits in local election | B.set limits on short-term rental |
C.strike down a debatable rule | D.urge users to vote against Airbnb |
A.It reduces the living space of middle-class families. |
B.Users are taken advantage of by the service financially. |
C.It helps regulate the house market effectively. |
D.It indirectly leads to high house rental price. |
A.Explosion of the living cost. | B.Its historic characteristics. |
C.Inflow of migrant population. | D.Development of local economy. |
A.Objective. | B.Optimistic | C.Subjective. | D.Indifferent. |
2 . UK taxpayers will pay tens of millions of pounds towards the cost of the King’s coronation.
The strain has pushed record numbers of people toward the UK’s legions of food banks providing free groceries as wages have failed to keep pace with inflation.
The Trussell Trust, which distributes groceries to about 1,200 food banks, said last week that its network had handed out nearly 3 million emergency food parcels in the year to the end of March.
“We are experiencing an unprecedented rise in the number of people coming to the food bank.
A.That’s a record for a single year |
B.Food price rises show no signs of pulling back |
C.Inflation in the UK has rocketed over the past year |
D.The increasingly higher prices are beyond people’s expectations. |
E.Food banks have finally removed those long-accumulated products. |
F.But millions of people are struggling to make ends meet as prices rise |
G.They are no longer able to balance a low income against rising living costs |
Demand for the world’s
Over the past two years, China
As evening sets in, Chung Chia-ming arrives at the busy night market of Nan’an District in China’s Southwest city Chongqing, parks his car on the roadside
“Customer flow has increased dramatically recently. I take an optimistic attitude
Obviously, the business
The night market,
Luckin Coffee has joined forces with Kweichow Moutai,
The latte, packaged with an iconic Moutai label and
An employee with Luckin Coffee said the special latte made up most of the orders at her shop. "It seems that people prefer iced latte, so we quickly used
Though the drink has become a hit, many users wondered if it was safe to consume. “
He also pointed out, “the launch comes as Kweichow Moutai,
By working with Luckin Coffee, which surpasses Starbucks as the largest coffee house operator in China, Moutai has also made its brand younger and has generated more opportunities to develop its
6 . The e-commerce company that retailers(零售商)talk about most these days is neither Amazon, the American giant, nor Alibaba, China’s biggest. It is Pinduoduo(PDD), a Chinese firm that started in 2015 as an online food supplier, but whose success has driven its market value above $200bn. Last year it was China’s fastest-growing Internet stock(股票), rising by 330%.
PDD attracts attention for two reasons. One is its business model. David Liu, vice-president of strategy, explains that it has drawn on the popularity of smart phone in China to create an e-commerce experience in which people club together to buy products from robot vacuum-cleaners to bananas. During the pandemic(疫情)this has expanded into a fast-growing business across thousands of towns and villages, in which PDD’s users gather to buy local farm produce at low prices. Some call this “community group-buy”. Mr. Liu calls it “interactive commerce”. It is one of the hottest parts of the Chinese Internet.
The second is the way PDD has broken the record of giants of online shopping. Until a few years ago, China’s e-commerce market seemed a two-way competition between Alibaba and JD. com, a competitor platform. Elinor Leung of CLSA expects PDD’s share of online retail in China to go beyond that of JD in 2021. She expects the number of users over Alibaba. And although PDD put a huge amount of money to lower the prices of goods, ensuring the customers from poorer parts of China easy access to its app, she thinks it may turn profitable this year.
Remarkably, the key to its success focused on parts of the market they have been unable to reach instead of defeating its bigger competitors. Although online sales of groceries have rocketed during the pandemic, less than a tenth of the 8. 1trn yuan ($1. 25trn) farm-produce market is bought and sold digitally. “ We are continuing to grow the pie,”says Mr Liu. That lesson applies elsewhere too. However, no matter how a future market looks, there is opportunity for new online businesses because e-commerce is at an early stage of development.
1. What does the underlined “club together” mean in Paragraph 2?A.Share the expenses. | B.Have a club together. |
C.Buy something in groups. | D.Interact with each other. |
A.Competing with giants of online shopping. | B.Lowering the price of goods. |
C.Exploring new markets. | D.Ensuring easy access to the app. |
A.E-commerce has yet to be developed fully. |
B.PDD’s share of online retail in China has gone beyond that of JD in 2021. |
C.PDD is China’s fastest-growing largest Internet business. |
D.PDD may end up making profits this year. |
A.Negative. | B.Objective. | C.Causal. | D.Positive. |
Eat or heat?
No more ironing, limited oven use and showering at work—Europeans are trying to keep energy use down but the bills still keep climbing. Costs of energy for British consumers will rise by 80% from October,
Keetley
A household is defined as living in fuel poverty if it is low income and needs to spend 10% or even