China’s Ministry of Commerce expressed its opposition to the US Trade Representative’s recent inclusion of Alibaba Group e-commerce site on a list of “notorious markets” for piracy and called on the US to be more objective in judging China’s intellectual-property rights record, The Wall Street Journal reported. The trade representative had praised Taobao in its […]
Category: Tech, Media & Telecom
Advertising revenue for Chinese video websites operated by Youku Inc (YOKU.NYSE), Toudou Holdings (TUDO.NASDAQ), Baidu Inc (BIDU.NASDAQ), Sohu.com Ltd (SOHU.NASDAQ) and others surged in the third quarter as government restrictions helped to push more young Chinese online, The Wall Street Journal reported. Revenues for China’s online video sites hit RMB1.48 billion (US$235 million) in the […]
A trio of Chinese state-owned banks has agreed to lend India’s Reliance Communications (532712.BSE, RCM.NSE) US$1.2 billion, a move which underscores the expanding reach of Chinese banks, the Financial Times reported. The loan, issued by the Industrial and Commercial Bank of China (601398.SH, 1398.HKG), China Development Bank and Export Import Bank of China, will be […]
The fast growth of China’s Twitter-like microblogs is likely to slow as the market becomes saturated and the government steps up regulation, The Wall Street Journal reported, quoting the results of a survey conducted by the China Internet Network Information Center, a government research agency. At the end of 2011, about 250 million people in […]
Source: The Washington Post