China - page 2

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

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
Finance & Economics

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
News

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.

HSBC Forecasts Slower Asia GDP Growth in 2026 as Export Demand and AI Risks Weigh
Finance & Economics

HSBC Forecasts Slower Asia GDP Growth in 2026 as Export Demand and AI Risks Weigh

HSBC’s latest regional economic forecast projects that GDP growth in the Asia ex-Japan region will moderate to around 4.5% in 2026, down from an estimated 4.9% expansion in 2025, with slower activity anticipated across several major economies. This outlook reflects concerns about weakening export demand and uncertainties around the contribution of artificial intelligence (AI)-related investment […]

Ant Group’s AI Health Service AQ Upgrades PC Platform with DeepSearch for Evidence-Based Clinical Decision Support
Science & Technology

Ant Group’s AI Health Service AQ Upgrades PC Platform with DeepSearch for Evidence-Based Clinical Decision Support

The AQ PC platform by Ant Group now offers two main AI functions for medical professionals: Health Q&A and DeepSearch. Together, these tools assist with medical literature search, clinical practice, and research, helping reduce daily workload and improve access to reliable medical information.

Alipay Launches Open Agentic Commerce Protocol with Qwen App and Taobao Instant Commerce
News

Alipay Launches Open Agentic Commerce Protocol with Qwen App and Taobao Instant Commerce

Alipay has launched the Agentic Commerce Trust Protocol in collaboration with several partners, including Alibaba’s own consumer-facing AI application Qwen App, Taobao Instant Commerce, Rokid, Damai, and Alibaba Cloud’s Bailian platform.

Tech Firms Call For Open-Source AI Collaboration, With Chinese Companies as Leading Advocates
News

Tech Firms Call For Open-Source AI Collaboration, With Chinese Companies as Leading Advocates

CES 2026 witnessed an increasing push for global cross-industry collaboration around open-source AI models. Chinese tech companies, like Alibaba or Deepseek, were notably primary advocates for such cooperation mechanisms.

Alipay Tap! Surpasses 100 Million Daily Transactions Milestone
Fintech & Ecommerce

Alipay Tap! Surpasses 100 Million Daily Transactions Milestone

Alipay’s Tap! contactless payment service now processes more than 100 million daily transactions, underlining the fast-growing embrace of tap-to-pay and QR-based solutions in China and across Asia.

China to Host ITU World Radiocommunication Conference 2027 in Shanghai
Science & Technology

China to Host ITU World Radiocommunication Conference 2027 in Shanghai

WRC-27 will shape the future of radiocommunication services on Earth and in space

OCBC Unlocks China’s QR Economy With Landmark Cross-Border Payment Upgrade
News

OCBC Unlocks China’s QR Economy With Landmark Cross-Border Payment Upgrade

OCBC is set to become the first Singapore bank to let customers scan and pay virtually any major merchant QR code in mainland China, marking a breakthrough in seamless cross-border payments.

Morgan Stanley Eyes 2026 as a “Roll‑Forward” Year: U.S. Stocks Poised to Lead Amid Moderate Global Growth
Finance & Economics

Morgan Stanley Eyes 2026 as a “Roll‑Forward” Year: U.S. Stocks Poised to Lead Amid Moderate Global Growth

As we edge toward 2026, Morgan Stanley is signaling cautious optimism: moderate global growth paired with easing inflation and strategic AI-driven investments could make next year a quiet but meaningful win for risk assets. With the S&P 500 potentially climbing 14% and global GDP forecast at 3.2%, investors get the chance to leverage structural trends […]

Why European Retailers Should Pay Close Attention to APAC Payment Methods
Fintech & Ecommerce

Why European Retailers Should Pay Close Attention to APAC Payment Methods

New JCB data on rapidly rising cross-border spending reveal the growing popularity of European locations among Asian tourists, while APAC consumers also increase their payment volumes at EU online stores.

Chinese Regulators Pause Tech Giant Stablecoin Initiatives
News

Chinese Regulators Pause Tech Giant Stablecoin Initiatives

Tech giants’ plans to issue stablecoins in Hong Kong are reportedly on hold, as Chinese authorities instructed them not to proceed with such initiatives, fearing they might undermine state control over financial industry.

Alipay Reveals New Trends in Cross-Border Tourism During China’s 2025 Golden Week 
Fintech & Ecommerce

Alipay Reveals New Trends in Cross-Border Tourism During China’s 2025 Golden Week 

China’s eight-day “Golden Week” holiday – running from October 1 to 8 and coinciding with both the Mid-Autumn Festival and National Day – has sparked a surge in cross-border travel among Chinese tourists as well as their spending via Alipay. 

WeLab and Google Collaborate for AI-Driven Digital Banking Services in Asia
Finance & Economics

WeLab and Google Collaborate for AI-Driven Digital Banking Services in Asia

WeLab and Google partner to potentially deliver AI-powered financial services to 500 million users by 2032.

UnionPay International Pilots Cross-Border QR Payment Linkage for China-Indonesia Corridor
Fintech & Ecommerce

UnionPay International Pilots Cross-Border QR Payment Linkage for China-Indonesia Corridor

Unified QR payment infrastructure helps international trading partners to avoid all the unpleasant aspects of fragmented cross-border payment systems. For China and Indonesia, UnionPay International aims to facilitate the task.