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June 10: 'Fox Hunt' operation nabs 214 economic criminals; Alibaba chief woos US businesses

PUBLISHED : Wednesday, 10 June, 2015, 10:08am
UPDATED : Wednesday, 10 June, 2015, 2:08pm

Politics and policy

A total of 214 fugitives have been extradited back to China since the beginning of the "Fox Hunt 2015" operation in April to chase those involved in economic crimes and corruption. (Xinhua)


 

Diplomacy

Myanmar’s opposition leader and democracy champion Aung San Suu Kyi will arrive in Beijing today for her first visit to China which is expected to last for five days. (Ministry of Foreign Affairs)

The Philippines has freed nine Chinese fishermen convicted of poaching endangered sea turtles in the disputed South China Sea after they completed one-year jail terms. (AFP)
 

President Xi Jinping held talks with visiting Angolan President Jose Eduardo do Santos in Beijing, saying he looks forward to signing joint agreements on a currency swap, investment protection and avoidance of double taxation. (Xinhua)


 

Economy

US index provider MSCI may include China ’A’ shares in one of its indices before the next annual review in June 2016, but will give investors a minimum of 12 months to prepare for any inclusion. (Reuters)
 

Drops in electricity usage and freight traffic do not necessarily suggest an economic downturn, according to the head of the finance ministry’s Research Institute for Fiscal Science. (Securities Daily)  


 

Technology

E-commerce giant Alibaba's founder and executive chairman, Jack Ma, laid out his company’s US strategy during a trip to New York, offering Alibaba as a gateway for small US businesses to sell directly to Chinese consumers. (Bloomberg)

China is gaining an edge in biotechnology thanks to years of investment in laboratories and a strategy of encouraging its scientists to return from overseas and urging researchers to publish their work. (Reuters)
 

Mobile networking app WeChat's online payment system now allows iPhone users to scan fingerprints when making payments, following in the footsteps of its competitors Alibaba and JD.com. (Xinhua)


 

Society

Authorities have completed searching inside the salvaged cruise ship Eastern Star and eight people are still missing. So far 434 bodies of passengers and crew members have been found. (CCTV)
 

Disgruntled over failing to obtain Communist Party membership, a Hubei villager attacked and wounded the local village chief. (thepaper.cn)
 

First Chinese citizen has been diagnosed with Middel East respiratory syndrome coronavirus (MERS) in South Korea. The patient, who is a nurse at a local hospital in Seoul, reportedly made contact with a MERS patient receiving treatment at the hospital earlier. (Global Times)
 

At least 11 passengers have been killed and eight others severely injured when a tourist bus plunged off a ravine in western China's Tibet Autonomous Region this morning.