ZTE, the Chinese telecom firm, may see losses of as much as $3.1 billion (20 billion yuan) amid a continuing ban from the U.S. government...
Nordstrom has been upping its digital efforts by naming a chief digital officer and opening a men’s store in Manhattan that is chock-full of digital...
Jack Ma’s Ant Financial Services Group is set to close a $10 billion private fundraising round that would value the company at $150 billion. The...
A former deputy director of China’s development research center of the State Council, Hou Yunchun, said the country’s social credit system has to punish defaulters....
Huang Yiping, a member of a member of the People’s Bank of China’s monetary policy committee, said over the weekend that while China’s financial services...
Bitcoin has fallen to its lowest level in about a month, after climbing to a high of nearly $10,000 in early May, Coindesk reported. The...
Ant Financial, the Chinese payment affiliate of Alibaba, has more than 600 million users, the first time the company has said how large its business...
It’s a prospective marriage that Chinese government authorities and digital commerce executives are pushing hard, including via a recently announced test involving Alibaba: combining the...
China appears to be making progress in its fight against shadow lending even as new lending overall increased in April, according to data reported by...