Alibaba spends $160m in eradicating counterfeit products in past 2 years
Alibaba announced yesterday that it had spent $160m over the past two years eradicating counterfeit products from its sales websites.
Read MoreChina bank funds buy stake in Mediobanca
Funds affiliated with China’s central bank have bought a minority stake in Mediobanca, highlighting China’s willingness to place a long-term bet on the eurozone’s troubled periphery.
Read MoreChina gives go-ahead to second Beijing airport
China’s top economic planner has approved a $13bn new airport in Beijing as part of government efforts to boost flagging growth by accelerating construction of state-led infrastructure projects.
Read MoreChina lifts ban on Fonterra milk powder
China has lifted the import ban on its milk powder used to make baby formula that was implemented last August following a false alarm safety scare.
Read MoreYouku partners with DJI to promote aerial videos online
Chinese online streaming website Youku Tudou Inc has joined hands with domestic drone maker DJI to integrate online video sharing with the latter's newly launched devices.
Read MoreShanghai free-trade zone set to ease outbound investment rules
China is set to use the Shanghai free-trade zone as a testing ground to grant Chinese people greater freedom to make overseas investments.
Read MoreChina overtakes US for foreign direct investment
China has overtaken the US as the top destination for foreign direct investment, for the first time since 2003.
Read MoreAlibaba finds possible accounting irregularities at film unit
Embarrassing discovery raises questions over quality of e-commerce giant's acquisitions in the run-up to its IPO.
Read MoreGrowth slows in Chinese students heading to US
Growth in the number of Chinese enrolled in US higher education has dropped to its slowest rate in seven years.
Read MoreU.S., China reach deal to expand free trade in tech products
The U.S. and China reached a landmark agreement early Tuesday on cutting tariffs for a whole range of high-tech goods.
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