China News Digest: July 12, 2016

The following press releases and news reports about China companies were carried on July 12. To view a full article or story, click on the link next to the headline.
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• Baidu (Nasdaq: BIDU), Alibaba (NYSE: BABA) Face Profit Hit From New Search Ad Rules (English article)
• AirAsia Eyes HK Kisting as It Expands in North Asia (English article)
• Google (Nasdaq: GOOG) Opens Experience Center in Shenzhen, China Homecoming Signal? (Chinese article)
• China Has Too Many Mediocre Electric Carmakers, Researcher Says (English article)
• Canadian Solar (Nasdaq: CSIQ) Secures 6.2 Bln Yen Green Solar Financing in Japan (PRNewswire)