After reaching its highest level in eight years in February, consumer inflation in China lessened last month. The country’s consumer price index increased 4.3 percent...
The 2020 Summer Olympics, which were to take place in Tokyo, have been rescheduled for 2021 as the spread of the coronavirus leaps over international...
Emerging from lockdown, Chinese consumers may be opening up (digital) wallets and purses … though gradually. Get the Full Story Complete the form to unlock...
With a move that opens a B2B payment gateway to China, Harbour & Hills (H&H) Financial Services Limited said it has acquired a controlling stake...
Revenge spending. It has a nice ring for retailers battered by the COVID-19 pandemic. In fact any kind of spending has a nice ring, but...
For China’s Luckin Coffee, call it a jolt of the most unpleasant sort. Get the Full Story Complete the form to unlock this article and...
OneConnect Financial Technology and China Merchants Port Group (CMPort) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area....
It is impossible at this point to write the week in payments (commerce, financial services and technology) without writing about COVID-19. As the United States...
An internal investigation is underway by the board of directors of Luckin Coffee Inc. into its former COO who may have inflated estimated revenues by...