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Italy has become one of the major destinations of Chinese investment in Europe.

JD.com's battle with the two companies has fueled speculation that it was a result of competition between JD.com and another e-commerce powerhouse, Alibaba.

It’s been a rough week for Amazon’s cloud business, which didn’t live up to analyst expectations in the most recent quarter. Cloud rival Microsoft surprisingly beat out Amazon to win the billion contract this week to rebuild the U.S. Department of Defense’s tech infrastructure.

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Its NPL balance dropped 4.03 billion yuan (0.45 million) year-on-year to 190 billion yuan, and the bank's NPL ratio fell 22 basic points to 1.59 percent.

Italian commercial bank UniCredit signed a memorandum of understanding with the Export-Import Bank of China on Wednesday in the hope of strengthening cooperation between Chinese, Italian and Central Eastern Europe (CEE) companies.

Its shares have nearly tripled in the past year, squeezing short-sellers and baffling even some of the most bullish stock analysts.

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Its firewall devices are made by Neusoft Corp, a Chinese provider of software engineering and information technology services; Hillstone Networks, a Beijing-headquartered provider of network security solutions; and New H3C Group, a digital solutions provider and a joint venture between Unisplendour Corp and Hewlett Packard Enterprise Co.

Its debut would represent the first for any carmaker on the STAR market. Geely said it would also use some of proceeds to finance mergers and acquisitions and replenish working capital.

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JAC said Volkswagen made an additional investment of 1.6 billion yuan (5.45 million) on Wednesday and now holds a 75 percent stake in their electric car-dedicated joint venture.

It’s not a new approach for the company. Amazon offers a similar program with its Android Appstore, offering one premium app per day for free. Amazon MP3 also offers daily deals via its Twitter account.