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  • China trades collected rainwater for first time

    China's first transaction of collected rainwater was completed Monday, the China Water Exchange announced, as marketization of unconventional water resources was put into practice.

    December15,2020


  • China bank card transactions surge in Spring Festival spending spree

    China UnionPay, the country's sole bank card network operator, said Thursday that transactions surged to a record high during the week-long Spring Festival holiday as card holders went on a spending spree.

    February23,2018


  • New home transactions down 18 pct in Chinese cities in 2017: survey

    New home transactions in 50 Chinese cities declined 18 percent year on year in 2017 amid tough government curbs to rein in speculation, a private survey showed.

    January08,2018


  • Alibaba's financial arm to acquire MoneyGram

    Ant Financial, e-commerce giant Alibaba's financial arm, announced late on Thursday that it has reached a deal to acquire U.S. money-transfer company MoneyGram for 880 million U.S. dollars.

    February03,2017


  • China Focus: Samsung eyes China market with mobile payment app

    Shortly after Apple launched its payment service in China, competitor Samsung unveiled Samsung Pay, adding kindling to the already heated mobile payment market.

    March07,2016


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