WeChat will be charging for its credit card payment service. It is likely that users will move to other free platforms in the future.
China is easing foreign investment restrictions in its financial market. Will foreign investors take the bait?
Duterte celebrated the success of the 2017 ASEAN Summit. He believes ASEAN are closer to a solution in the South China Sea. The reality is quite different.
Alibaba’s insurance game plan started four years ago with its investment in Zhong An Insurance.
Alibaba’s revenue hit an all-time high in the second quarter of the fiscal year 2018.
China’s housing rental market is sizzling hot. Alipay has a game plan for the rental market.
China’s blooming sharing economy stumbles as depleting funding and obstacles hinder its growth.
As the Chinese payment market intensifies, Alipay and Tenpay look to overseas markets for expansion.
Regardless of the multi-regional conflicts that punctuated China’s diplomacy, OBOR has opened up doors of renegotiations and interactions.
As WeChat Pay and Alipay expand outside China, they must ensure their growth strategies do not threaten their public image.