Alipay’s latest initiative, announced ahead of the 2023 Asian Games in Hangzhou, underscores efforts in China to make it easier for foreign tourists to make payments in the country’s cashless society.
A meeting between Foxconn chairman Liu Young-way and a top official in central Henan province marks China’s latest effort to preserve its major role in Apple’s manufacturing supply chain.
Experts believe that Vietnam is unlikely to face a new COVID-19 wave, despite China beginning to open its borders and loosen COVID-19 control measures, thanks to the country’s high vaccination rate.
Alibaba will kick off its extended Singles’ Day promotion in October, as the e-commerce sector’s premier event contends with China’s slowing economy and disruptions from Covid-19 control measures.