KUNMING, China (Reuters) – Chinese officials in Kunming ordered two fake Apple shops to close, a local newspaper reported on Monday, an apparent reaction to a storm of media attention about an unauthorized and elaborate hoax store in the southwestern city.

A total of five self-branded “Apple Stores” were found to be operating without authorization from Apple Inc according to the Metropolitan Times report, posted on the Kunming government website.

KUNMING, China (Reuters) – Customers at an Apple Store in the Chinese city of Kunming berated staff and demanded refunds on Friday after the shop was revealed to be an elaborate fake, sparking a media and Internet frenzy.

Long a target of counterfeiters and unauthorized resellers, Apple Inc was alerted to the near flawless fake shop by an American blogger living in the southwestern city, more than 1,000 miles from the nearest genuine Apple stores in Beijing and Shanghai.

SHANGHAI (Reuters) – Chinese counterfeiters have had a field-day pumping out knockoffs of Apple Inc’s best-selling iPhones and iPads but one appears to have gone a step further — a near flawless fake Apple Store that even employees believe is the real deal.

The store in Kunming was stumbled upon by a 27-year-old American blogger living in the city, the capital of China’s mountainous southwestern Yunnan province.

SHANGHAI (Reuters) – Chinese counterfeiters have had a field-day pumping out knockoffs of Apple Inc’s best-selling iPhones and iPads but one appears to have gone a step further — a near flawless fake Apple Store that even employees believe is the real deal.

The store in Kunming was stumbled upon by a 27-year-old American blogger living in the city, the capital of China’s mountainous southwestern Yunnan province.

SHANGHAI, July 21 (Reuters) – Two Chinese Internet firms
have postponed their U.S. fundraising plans as investor appetite
for risk waned after a series of accounting scandals tarnished
the reputation of overseas listed Chinese stocks.

Chinese online video firm Xunlei said on Thursday it had
decided to postpone its initial public offering on the Nasdaq,
which had been set raise up to $114 million, due to stock market
conditions.

SHANGHAI (Reuters) – Baidu Inc, China’s largest search engine, has signed an agreement with top music studios to distribute licensed songs through its mp3 search service, ending years of legal dispute over charges that the company abetted piracy.

Baidu signed the deal with One-Stop China, a joint venture by Universal Music, Warner Music and Sony Music, for its catalogues and new releases that can be streamed or downloaded from Baidu’s servers. Baidu also launched, Ting, a social music platform.

SHANGHAI (Reuters) – Baidu, China’s largest search engine, signed an agreement with a joint venture owned by Universal Music, Warner Music and Sony Music to distribute songs through its mp3 search service, ending years of legal wrangling over charges that Baidu abetted piracy.

Baidu signed the deal with One-Stop China for its music catalogues and new releases that can be streamed or downloaded from Baidu’s servers. Baidu also launched, Ting, a social music platform.

SHANGHAI, July 13 (Reuters) – China’s Sina Corp
will launch a virtual currency for its popular Weibo
microblogging service in the third quarter of this year, the
firm’s first real push to monetise the platform, a source with
direct knowledge of the plan said on Wednesday.

Analysts said the move is significant for Sina as it seeks
to monetise Weibo and expand it into a full-fledged social
network to compete with Renren Inc and Tencent
Holding’s QQZone. Sina, which launched Weibo about two
years ago, has more than 140 million users.

SHANGHAI (Reuters) – China’s Bright Food Group said on Tuesday it was not in discussions to buy any Australian wine assets, denying a media report that it was in internal talks on bidding for Australia’s Treasury Wine Estates Ltd (TWE.AX: Quote, Profile, Research, Stock Buzz).

“Currently, we have no Australian wine acquisitions in the works,” Pan Jianjun, general manager of the firm’s public relations department, said by telephone.

SHANGHAI, July 5 (Reuters) – China’s Bright Food Group said
on Tuesday it was not in discussions to buy any Australian wine
assets, denying a media report that it was in internal talks on
bidding for Australia’s Treasury Wine Estates Ltd .

“Currently, we have no Australian wine acquisitions in the
works,” Pan Jianjun, general manager of the firm’s public
relations department, said by telephone.