News Digest: July 20, 2011

The following press releases and media reports about Chinese companies were carried on July 20. To view a full article or story, click on the link next to the headline.

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◙ Baidu (Nasdaq: BIDU) Launches Landmark Licensed Music Service (PRNewswire)

◙ Footwear JV Yougou Obtains RMB 3 Bln in Funding – Source (English article)

◙ LDK Solar (NYSE: LDK) Signs Supply Contract With juwi GmbH (PRNewswire)

◙ Spreadtrum (Nasdaq: SPRD) Acquires Telegent Systems (PRNewswire)

◙ Baidu (Nasdaq: BIDU) to Report Q2 Financial Results on July 25 (PRNewswire)