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Another 16 were accused of illegally absorbing public deposits, the court said.

Another Chinese smartphone maker Oppo said the market demand is not as pessimistic as many had expected.

Anjuke, an online real estate listing unit under 58.com, signed a strategic partnership in April with online platform Myfun, an Australia-based digital advertising business under REA Group specializing in property, to help the latter further expand on the Chinese mainland.

Apart from luxury goods shops, department stores or consumer appliance outlets, what Chinese tourists frequent the most abroad these days are museums.

Apart from displaying the date, the pages of Du's calendar pages include wise words on how to live, and excerpts from classical literature.