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Emerging Asia leading world trade growth

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 Insights

01-Nov-18 Emerging Asia’s imports grew by 10% year-on-year as of Aug-18, compared to 12% in July. China has increased imports Southeast Asia due to the shift of supply chains to lower-cost producers. [image: AFP]

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45 percent of Chinese companies expect business travel budget to rise

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 Insights

26-Oct-18 45 percent of Chinese companies expect business travel spending to increase in the coming year. Business travel expenditure on domestic China trips has increased by 18 percent over 2017, indicating business activity within tier-two and -three cities is rising. [image: Tourism News / eTN.travel]

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Alipay will be available in Seoul taxis

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 Insights

23-Oct-18 Following a strategic partnership between Ant Financial's Alipay and Korean payment system integrator Kakaopay, all taxis in Seoul will accept Alipay from Jan-19. The service will take payment from Chinese visitors via Alipay and locals via Kakaopay. [image: Alipay / Payment Week]

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