Xiaomi’s highs and lows, Alibaba accuses WeChat of selling counterfeit goods, Chinese online attack traffic falls to the number two global spot, and BlackBerry might have a new sugar daddy. Here’s this week’s top news from China.
Xiaomi CEO Lei Jun goes on a rant about his perception in the media, a move that will likely harm how the media perceives him.
It seems Lei Jun didn’t have much to complain about. Xiaomi sold 100,000 units of its new flagship phone in less than two minutes and 3,000 smart TVs in one minute.
China didn’t really get much better; Indonesia just got a whole lot worse, according to Akamai’s State of the Internet report.
BlackBerry can add Lenovo to its list of potential bidders. The two companies signed a non-disclosure agreement that will let Lenovo take a peek at BlackBerry’s financial books.
Chen Dawei, the head of Alibaba’s financial research institute, added that while Alipay has been doing e-payments securely for a decade, WeChat’s payment system is unsafe because everything is bound to the same account and thus easy to steal.
That’s all for this week, folks! For our full spread of China coverage, you might like to subscribe to our China RSS feed.