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American Asian supermarket chain adopts Alipay

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29-Jun-18 One of the largest Asian supermarket chains in the United States, New York-based 99 Ranch Market, will soon begin accepting mobile payments via Alipay, a third-party mobile and online payment platform developed and owned by China-based Ant Financial. [image: Progressive Grocer]

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Shifting China capital flows pose risk for emerging markets

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31-May-18 China’s trade surpluses are declining in a shift that will see less of its excess savings recycled into global capital markets. With the US Federal Reserve shrinking its balance sheet and raising interest rates, Treasury yields are at their highest since 2011, putting strains on nations that borrowed dollars. Turkey’s central bank has been forced into emergency action to shore up its currency, while Argentina has sought external help. [Image: The Star online]

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40 US lawmakers seek exemption on medical devices from China

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17-May-18 A bipartisan group of 40 lawmakers has urged US Trade Representative Robert Lighthizer to remove USD 3 bn worth of medical device exports from China from the list of products which faces additional tariffs proposed by the Trump administration. [image: ET Healthworld]

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Emerging markets will transform e-commerce

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07-May-18 Emerging markets are essential for e-commerce growth, as retailers in developed markets may soon reach saturation in terms of consumer growth. E-commerce penetration rates in these areas hover between 2% and 6%, presenting a huge opportunity for future growth. [image: Shutterstock / Retail In Asia]

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