A decade on, China’s mobile payment giant ventures out again, targeting merchants and tourists across Asia.
On social media platform Xiaohongshu, Chinese tourists arriving in Japan for the first time since the pandemic have recently been marveling at the dozens of digital wallets and mobile payment services available in a country where cash, until recently, was king.
Now Chinese fintech giant Ant Group is making a renewed effort to unite the fragmented market by integrating these different digital wallets, and others across the region, onto one platform — Alipay+, which it first launched in
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The new U.S. tariffs on Chinese-made EVs are both unprecedented and largely performative since Chinese EVs haven't yet penetrated the U.S. market. The European Union, by contrast, is facing a more critical and nuanced challenge from the influx of Chinese-made EVS and is currently debating what to do about it. Can the E.U. save its auto industry and still keep its green transition going?
A podcast about how the two nations, once friends, are now foes.
Hear why things are so complicated now. Host Jane Perlez, former New York Times Beijing bureau chief, talks with diplomats, spies, cultural superstars like Yo Yo Ma, and more to understand why the dangers are so high, and why relations went awry.