News Digest: April 1, 2014

The following press releases and media reports about Chinese companies were carried on April 1. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

• Huawei 2013 Profit At 21 Bln Yuan, Sales Outpace Ericsson (Stockholm: ERICb) (Chinese article)
• Shanghai Media Group Undergoes New Round Of Restructuring (Chinese article)
• Xiaomi Targets 100 Mln Handset Shipments In 2015 (English article)
• Alibaba Invests $692 Mln In Chinese Department Store Operator (English article)
• Tesla’s (Nasdaq: TSLA) China Chief Resigns, Company Cites Personal Reasons (English article)