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Besides, the usage time of commercial land is only 40 years, while that of residential land is 70 years. Electricity and water charges at long-term rental housing projects are also double that of regular residential projects. In addition, there is the cost of renovation, he said.

Better screen, smaller device

Biden is known to value US relations with Europe and seeks to restore links with Germany and France that Trump has harmed.

Biden, 77, was performing better Tuesday than recent polls had suggested, as he built on what is shaping up as a turning-point victory in South Carolina on Saturday.

Besides startup companies, technology giants such as Alibaba Group Holding Ltd are exploring blockchain's potential uses. In June, Alibaba's Ant Financial Service Group partnered with Philippine telecommunication giant Globe Telecom to offer realtime cross-border remittance services for individuals and small and medium-sized enterprises.