Record online sales posted by JD.com and Alibaba weren’t enough to buoy a sluggish Singles Day in China, the world’s biggest multi-day shopping extravaganza that...
What started in the 1990s in China as an anti-Valentine’s Day remains the world’s largest shopping day of the year — and though regulatory scrutiny...
Chinese eCommerce giant JD.com is looking beyond its borders in its efforts to add more international customers, a top executive told CNBC, a move that...
One of China’s biggest companies says it expects the government to allow the metaverse to operate in the country, assuming the companies behind it follow...
For central banks, there’s a long road between mulling a central bank digital currency (CBDC), defining the ramifications and launching it. It could take years,...
China-based FinTech Tencent Holdings Ltd. cited “new regulatory and macroeconomic developments” as catalysts for the company’s lackluster 3 percent revenue increase in the third quarter...
The People’s Bank of China says it will make an effort to further link the digital yuan to the country’s popular mobile payment apps. As...
Alibaba has rolled out what it’s calling a “metaverse” ahead of China’s Singles Day, according to RADII, a China youth culture publication founded by a...
Officials in China said the use of the digital yuan — or e-CNY — has surged to 140 million individual accounts and 10 million business...