China UnionPay expands services to 174 countries, regions -- Chinese card payment giant China UnionPay had extended its services to 174 countries and regions by the end of 2018. Its mobile payment services are available in 46 overseas countries and regions, the company said in a statement. The company saw a record high of network transactions last year, totaling 120.4 trillion yuan (17.69 trillion U.S. dollars) and up 28.1 percent year on year.
Haozhi Industrial to buy CHF30 mln stake of European industrial automation company -- Guangzhou Haozhi Industrial Co., Ltd. (300503.SZ) plans to purchase 100 percent stakes of Infranor Holding SA and Bleu Indim SA, which was held by Perrot Duval, with estimated transaction value at 30 million-35 million Swiss franc. According to a company filing released on January 22, Infranor Group is a famous solution provider of industrial automation in Europe. After the purchasing move, Guangzhou Haozhi Industrial Co., Ltd. can make full use of the Infranor Group's advanced technology and experience in the fields of motors and actuators to promote the R&D and performance upgrades of the company's spindles, turntables, reducers, etc.
China's Huawei opens first store in Oman -- Chinese technology giant Huawei has opened its first independent store in Oman, said a company press release on January 20. The opening of the store at the City Center Al Qurum in the capital Muscat will strengthen Huawei's established position as a leader in innovative technology and products in Oman, said the statement.
Luzhou Laojiao promotes internationalization strategy jointly with Australian Open -- At the 2019 Australian Open (AO) in Melbourne, China's high-end liquor maker Luzhou Laojiao has seen its brand "National Cellar 1573" appearing in many scenes of the tennis tournament. As a global partner and co-sponsor of the AO, Luzhou Laojiao celebrated the upcoming Chinese Lunar New Year at the Rod Laver Arena of Melbourne Park where the AO takes place, with tennis fans around the world. On the spot, Luzhou Laojiao released the "National Cellar 1573" AO champion and commemorative editions jointly with the AO on January 18, paying tribute to all AO tennis players and tennis fans.
WeChat Pay, BHV Marais launch initiative to better cater to Chinese visitors - China's WeChat Pay, in cooperation with the Galeries Lafayette Group's BHV Marais, launched a smart department store solution aimed at meeting Chinese tourists' needs, the Chinese company said in a statement late January 22. "Following this cooperation, WeChat Pay is enhancing its effort in helping European businesses connect with Chinese tourists to realize WeChat's 'One For Billion' initiative (which) is its latest initiative of cross-border business," the statement said.
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