Wed, Jul 10, 2013 10:49 AM EDT 0:57
Vice President Joe Biden says China's rise is good for the U.S. and the world but Chinese theft of U.S intellectual property must stop. Biden was speaking at the opening of the annual Strategic and Economic Dialogue between the two world powers. The new chief of Alibaba Group Holding Ltd. Jonathan Lu, said the Chinese company will seek more alliances and acquisitions to gain better access to smartphone users, while taking advantage of data from its shopping sites to offer tailor-made services for sellers and buyers. The two chinese 16-year-old girls killed in the San Francisco plane crash were close friends and top students who were on Asiana Flight 214 for the same reason: to get a taste of American education and possibly brighten their futures.