China News Digest: March 10, 2016

The following press releases and news reports about Chinese companies were carried on March 10. To view a full article or story, click on the link next to the headline.
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• iMeigu Submits Proposal to Acquire Dangdang (NYSE: DANG) (PRNewswire)
• Huawei Rolls Out Huawei Pay in Bid to Shake Up Mobile Payments Market (Chinese article)
• China Smartphone Supply Chain Facing Pressure From Rising Costs – IDC (Chinese article)
• Alibaba (NYSE: BABA) Set to Close $4 Bln Bank Loan – Reports (Chinese article)
• Ourpalm (Shenzhen: 300315) to Buy 19 Pct of Korea’s Webzen for 1.1 Bln Yuan (English article)
• Latest calendar for Q4 earnings reports (Earnings calendar)