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Analysts at Bank of America believe global oil demand will fall by 12 million barrels a day in the second quarter ?– the sharpest decline on record.

Analysts said Baidu's investment showed its ambition to expand its presence in content. The tech heavyweight has invested in a series of video-sharing platforms, such as Baidu Video, Qingting FM, Pear Video and Renren Video.

Andy Zhou, a Shanghai-based partner of Deloitte Consulting, told China Daily that many traditional carmakers may not be moving quickly enough to develop emerging new technologies or communicate their plans to potential customers.

And finally, the?marketing firm DFPOC?put together this infographic marking the major milestones in Amazon’s history. Zoom in and?scroll around for additional details.

Analysts say China is critical to global automakers.