(1st Lead) Alibaba to become Suning's 2nd-largest shareholder

August 11, 2015 by · Comments Off on (1st Lead) Alibaba to become Suning's 2nd-largest shareholder 

BEIJING, Aug. 10 — Alibaba, China's largest e-commerce company, and Chinese home appliance retailer Suning have signed a big-money deal to work together on online and high-street sales.

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Company confirms China's first corporate bond deposit default

April 7, 2015 by · Comments Off on Company confirms China's first corporate bond deposit default 

BEIJING, April 6 — A listed Chinese restaurant company confirmed a landmark default on a corporate bond due Tuesday, marking the country's first case of deposit payment default of publicly issued bonds.

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