A giant indoor farm in China is breeding 6 billion cockroaches a year. Here’s why

This is truly, TRULY, the most disgusting article I’ve read in a long time.

The world’s largest cockroach farm is breeding 6 billion adult cockroaches a year and using artificial intelligence to manage a colony larger than the world’s human population – all for medicinal use.

It is part of the production process for a “healing potion” consumed by millions of patients in China, according to the government.

There are many cockroach breeding facilities in China, for use as an ingredient in medicine or as a source of protein for livestock feed. But no other facility can match the productivity of the farm in the city of Xichang, in southwestern Sichuan province.

Read more here: A giant indoor farm in China is breeding 6 billion cockroaches a year. Here’s why | South China Morning Post

Ofo is being sued by Chinese bike manufacturer for $10 million in unpaid bills – The Verge

Chinese bike-share company Ofo is being sued by manufacturer Shanghai Phoenix Bicycles over “unpaid bills” that total nearly $10 million, according to a report in the Financial Times. It’s the latest in a series of setbacks for the company this year, and shows some of the problems that the on-demand bike companies are facing around the world.
— Read on www.theverge.com/2018/9/2/17811590/ofo-shanghai-phoenix-bicycles-lawsuit-bike-sharing

Things are looking down for the industry at large. After oBike in Singapore closed down I think people are more apprehensive to use shared bicycles if they have to put down a deposit.

Clearly the bigger problem is their inability to monetise their service in a sustainable way.