EBay's online payment subsidiary PayPal is negotiating with the Chinese B2B e-commerce group Alibaba, aiming to introduce its online payment service in China into Alibaba's worldwide site of AliExpress.

The Chinese B2B e-commerce company Alibaba.com has announced that its new online wholesale website, 1688.com, was formally launched on March 9, 2010, and the wholesale traffic reached a whopping 6.39 million people on the first day.

China's "shanzhai" mobile phone manufacturers are planning to bring their production facilities to India to gain recognition of India's huge mobile phone market and obtain legal status for their products in India.

Max Yang, CEO for Huawei India, is quoted by media that the company plans to produce communications equipment in India and will invest about USD500 million in its Indian research and development center in the next five years.

Kodak is opening a second production line for its Xiamen printing plate manufacturing facility to enhance the company's manufacturing capacity for offset products.

Indian state-owned telecom operator BSNL has announced that it has canceled the 20 million GSM equipment order that it had previously placed with the Chinese telecom equipment maker Huawei.

Foreign technology manufacturers are worried about China's new Indigenous Innovation Product Accreditation Program.

Chinese meat and food processing company Zhongpin Inc. has received two payments totaling CNY21.4 million in cash subsidies from the Chinese government to help it expand its production capacity.

China and South Korea have jointly launched an economic and trade cooperation online initiative to provide comprehensive and timely information services to enterprises aiming at information technology exchanges and cooperation in both countries.

Business-to-business media group Global Sources Ltd. says both its revenue and profit have dropped in China as it reported financial results for the third quarter ended September 30, 2009.