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China to Spend $5 Billion on Microchip Industry

The Chinese government is spending almost $5 billion on a new fund to support the country’s microchip industry, as China moves to bolster what it has long considered a strategically important segment of its economy.

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Alibaba and Haier Create Logistics Joint Venture

Alibaba Group Holding Ltd. will invest 2.82 billion Hong Kong dollars ($360 million) in Chinese appliances maker Haier Electronics Group Co., as part of a deal between the two companies to form a logistics joint venture.

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Inside China’s Version of Silicon Valley

On the outside, China’s answer to Silicon Valley doesn’t look the part: It’s a crowded mass of electronics malls, fast-food joints and office buildings in northwest Beijing, bisected by congested highways.

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China’s 58.com Goes Public as It Seeks to Stay Ahead of Rivals

China’s equivalent of Craigslist raised $187 million from U.S. investors on Thursday to help it grapple with a new reality for online China: The days of easy growth are over.

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China to Allow Sales of Videogame Consoles

China said it would end a more than decadelong ban on the sale of videogame consoles as part of a new set of rules issued Friday for a new free-trade zone in Shanghai.

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Foxconn Says 11 Injured in Large-Scale Fight at Chinese Campus

Foxconn Technology Co. said a large fight that broke out last week at one of its campuses injured 11 people, the latest in a series of confrontations among the company’s workers that follows a summer of heightened unrest at Chinese factories.

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WeChat Parent Tencent Makes Search Investment

It now has a 36.5 percent stake in Sogou.

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China Telecom (Accidentally?) Offers Peek at New iPhones

Now there’s one good theory about the reason Apple Inc. is hosting a launch event in Beijing next week.

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Barra Takes Center Stage at Xiaomi Product Launch

Chinese phone maker Xiaomi Inc. has become famous in China because of its blowout product releases, and Thursday’s introduction of the company’s new smartphone and smart television didn’t disappoint.

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Apple’s Response to Latest Supplier Labor Abuse Allegations

“Apple is committed to providing safe and fair working conditions throughout our supply chain. We lead the industry with far-reaching and specialized audits, the most transparent reporting and educational programs that enrich the lives of workers who make our products.”