Chinese regulators are taking an even closer look at Meituan, an app that lets users order a variety of services that include meal delivery as...
Focus may be on China’s progress with the digital yuan — and whether the dollar’s dominance will be threatened — but in the last few...
Chinese companies are listing on U.S. exchanges at a record pace, Bloomberg News reports. The move to U.S. equity markets come even as U.S. market...
In today’s top news, PayPal is planning a cross-border digital wallet in China, and Visa and TripActions have partnered on digital travel expense management. Plus,...
PayPal is planning to launch a wallet in China that will focus on cross-border payments and won’t directly compete with local firms Alipay and WeChat,...
Pakistan is the latest country to work on a digital currency, The Express Tribune reported. The country is currently studying how to make way for...
China launched a digital yuan trial last year in cities including Suzhou, Shenzhen, Chengdu and Xiong’an. Now, China may trot out the central bank digital...
The Chinese delivery leader Meituan is aiming to raise roughly $10 billion to compete with companies like Alibaba. According to Bloomberg, Meituan is looking to...
China is expanding the trial of its digital yuan, but the currency should not be seen as a weapon against the U.S. dollar, central bank...