We all know that eBay loves it some China. Well, soon it will be easier for China to love eBay back. eBay will launch PayPal in the electronic-payment-challenged country "within the year." The Motley Fool said this of PayPal's impending China debut: "It's a proven entity that now seems likely to enter an unproven yet potentially riveting new region." But the folks at Alibaba.com, which owns Taobao.com, eBay's top China competition, aren't exactly shaking in their boots. Said Alibaba spokesman Porter Erismann, "We're ready, we're prepared and not very concerned because they've got a lot of catching up to do." Oh snap! The online auction site gloves are off! more ›