China

Tencent Expands Cross-Border Remittance Access for Foreign Users Sending Money into China
Fintech & Ecommerce

Tencent Expands Cross-Border Remittance Access for Foreign Users Sending Money into China

Tencent has introduced a new cross-border remittance service that allows foreign passport holders to send money into China, expanding the reach of its financial technology ecosystem beyond domestic users.

Nvidia Hits $5.5 Trillion Valuation With Zero Revenue From Its Former Biggest Growth Market: Could Huang Trip to China Accelerate Its Dominance?
Science & Technology

Nvidia Hits $5.5 Trillion Valuation With Zero Revenue From Its Former Biggest Growth Market: Could Huang Trip to China Accelerate Its Dominance?

The AI arms race just crowned its first $5.5 trillion company – Nvidia has officially outpaced Google and Apple setting the unprecedented valuation record. At the same time, the world’s most valuable chipmaker is still locked out of the market that could make that number look small. China that used to be one of Nvidia’s […]

Alipay Expands Agentic AI Payment Suite With Business-Facing Transaction Processing Product to Help 16M OPCs Thrive in the Agentic Economy
News

Alipay Expands Agentic AI Payment Suite With Business-Facing Transaction Processing Product to Help 16M OPCs Thrive in the Agentic Economy

AI payment processing product from Alipay is part of the firm’s AI Pay offering. It enables businesses of all sizes, including One Person Companies (OPCs) that account for 30% of all enterprises in the Chinese mainland, to receive agentic payments seamlessly when autonomous AI agents, including OpenClaw-type agents, purchase their services or products.

Banma Intelligence and Alipay Bring Voice-Activated Payments to Car Cockpits, Targeting 69 OEM Partners
News

Banma Intelligence and Alipay Bring Voice-Activated Payments to Car Cockpits, Targeting 69 OEM Partners

Chinese automotive OS company Banma Intelligence and Alipay have jointly launched an in-car payments system that lets drivers buy tickets, book hotels, and order food using voice commands without needing their smartphones.

Ray-Ban Meta Smart Glasses Dominate in Wearables Market
News

Ray-Ban Meta Smart Glasses Dominate in Wearables Market

In 2025, Ray-Ban Meta became the best-selling smart glasses globally. The first quarter of 2026 continues the Meta glasses hype, with new models revealed, and international expansion on hold due to “unprecedented demand” and limited inventory.

The Chinese Yuan’s Growing Role in the Global Oil Crisis: What You Need to Know
Finance & Economics

The Chinese Yuan’s Growing Role in the Global Oil Crisis: What You Need to Know

As the US-Iran conflict disrupts oil markets and threatens petrodollar dominance, both India and the UAE are turning to the Chinese yuan for oil payments — a shift with major implications for the global financial order.

China’s Lending Benchmark Stability Prompts Asian Markets Growth
News

China’s Lending Benchmark Stability Prompts Asian Markets Growth

Trading in leading Asia markets accelerated following the PBoC’s Monday decision to keep the benchmark loan rates unchanged for the 11th consecutive month.

Governments Are Betting Big on AI and Britain Just Joined the Race With £500 Million Sovereign Fund
Science & Technology

Governments Are Betting Big on AI and Britain Just Joined the Race With £500 Million Sovereign Fund

From London to Riyadh, states are no longer leaving artificial intelligence entirely to the private sector. Sovereign funds focused on AI infrastructure are becoming the new black and UK is now on trend. 

Payment News Digest: Infrastructure, Control & Scale in Focus
Fintech & Ecommerce

Payment News Digest: Infrastructure, Control & Scale in Focus

The global payments landscape continues to evolve rapidly, with new launches and updates from Xero, Checkout.com, Paysend and more highlighting a clear shift toward merchant empowerment, regional sovereignty, and cross-border infrastructure upgrades.

Chinese Consumers Can Now Use the Qwen App to Hail Rides and Pay with Alipay AI Pay
Fintech & Ecommerce

Chinese Consumers Can Now Use the Qwen App to Hail Rides and Pay with Alipay AI Pay

China’s fast-evolving digital ecosystem is entering a new phase of “agentic commerce,” where artificial intelligence doesn’t just recommend actions but completes them. A key example is the integration of Alibaba’s AI assistant, the Qwen App, with the country’s dominant payments platform, Alipay, enabling users to book services like rides and pay seamlessly within a single […]

Global Fintech Shifts Into High Gear: Mastercard Bridges China, Airwallex Bets Big on Europe
Fintech & Ecommerce

Global Fintech Shifts Into High Gear: Mastercard Bridges China, Airwallex Bets Big on Europe

Two landmark expansions from Mastercard and Airwallex signal a new era for cross-border B2B payments: one deepening China’s financial corridors, the other mounting a billion-dollar advance on European incumbents.

SUNRATE Renames China Unit to SUNRATE Pay to Strengthen Cross-Border Payments Expansion
Fintech & Ecommerce

SUNRATE Renames China Unit to SUNRATE Pay to Strengthen Cross-Border Payments Expansion

Global fintech platform SUNRATE has officially renamed its China-licensed entity to SUNRATE Pay Co., Ltd., marking a new stage in the company’s strategic expansion into the Chinese payments market and reinforcing its focus on compliant cross-border financial services.

Ant Group’s Alipay AI Pay and AI Health App AQ Each Surpass 100 Million Users During CNY Highlighting AI Adoption Growth in China
News

Ant Group’s Alipay AI Pay and AI Health App AQ Each Surpass 100 Million Users During CNY Highlighting AI Adoption Growth in China

As AI adoption gained momentum during the 2026 Chinese New Year, Ant Group announced that both Alipay AI Pay and its AI health app AQ have each surpassed the 100 million user milestone.

Alipay AI Payment Exceeds 120M Transactions a Week as Agentic Commerce Accelerates in China
Fintech & Ecommerce

Alipay AI Payment Exceeds 120M Transactions a Week as Agentic Commerce Accelerates in China

Alipay has just announced that its AI Pay payment solution, enabling secure and seamless transactions between AI agents, exceeded 120 million transactions in the past week, as agentic commerce volume surges in China. 

Global Gold Demand Hits Record, While Major Jewellery Markets Slump
Articles

Global Gold Demand Hits Record, While Major Jewellery Markets Slump

Global gold demand hits record high in 2025 despite falling jewellery consumption: paradox explained.

Thunes and UnionPay International Boost Instant Cross-Border Transfers to China
Fintech & Ecommerce

Thunes and UnionPay International Boost Instant Cross-Border Transfers to China

Global money transfer platform Thunes and UnionPay International have launched a direct payment connection enabling faster transfers into China’s mainland, supporting real-time or near-real-time crediting to UnionPay debit cards.