China will focus both on opening up its financial sector and preventing risks via regulation and oversight, said Yi Gang, the new governor of China’s...
Naspers, the South African media and internet company, is unloading 2 percent of its stake in China’s Tencent, giving it up to $11 billion in...
In an effort to better compete in China, H&M has rolled out its core brand on Alibaba’s Tmall. The move marks the first time H&M...
China is further opening up its markets to foreign investments, allowing international companies to access its payments market, which Bloomberg estimates is around $27 trillion...
The fact that the world is changing rapidly shouldn’t come as much of a shock — though the speed and centers of change in payments...
Pushing its footprint even deeper into the Americas, Ant Financial’s Alipay — China’s leading payment provider and the primary means of online and mobile payment for Chinese consumers...
Ant Financial’s Alipay is expanding across North America as it broadens its partnership with First Data, the companies announced Monday (March 19). Get the Full...
China is reportedly using its social credit system to prevent people who have committed crimes such as spreading fake news about terrorism or creating problems...
In an effort to deepen its push into securities, banking and insurance, JD.com’s finance arm is seeking to raise ¥12 billion — or $1.9 billion...