Dalian, China, May 9, 2016 /ChinaNewswire.com/ – Financial technology, e-commerce, and online payments are all booming industries in Asia, especially in the largest markets of China, India, and Japan. From startup fintech incubators in Hong Kong to e-commerce vendor aggregators in Mumbai to huge online payment services in Hangzhou, many banks, traditional industries, and Internet … Continue reading "Fintech In Asia Gains Momentum As Consolidation Continues Says FintekAsia.com"

Chinese e-commerce company JD.com is working on a crowdfunding platform to support the ongoing work for an international non-government organization.

A favorite meal during Christmas is ham, and Americans this year will be eating more ham from a company based in China. One of the most famous pork companies in America, Smithfield Foods Inc., has just been bought by a Chinese company called Shuanghui International Holdings Limited.

Beijing's Tsinghua University has landed a scholarship program potentially worth USD300 million to indoctrinate foreign students about the importance of China ties.

Alipay.com, the Internet payment subsidiary of Alibaba Group, confirmed that the company has formally established a new rural business unit, aiming to reach non-e-commerce users in third- and fourth-tier cities as well as in rural areas.

Chinese social networking website Renren.com has announced that it will launch an interest-free housing scheme, and employees can apply for loans of between CNY200,000 and CNY400,000.

Chinese B2B e-commerce group Alibaba has announced plans to launch a CNY3 billion housing loan scheme for its employees and a CNY500 million education fund to solve the preschool and primary education problems of children of its employees.