Apple plans to launch its mobile payment system Apple Pay in China by early February. The iPhone maker has recently struck deals with China's big four state-run banks, the Wall Street Journal reported.
Chinese Internet users spent billions of dollars in the planet's biggest online shopping splurge Wednesday, as "Singles Day" hit new heights, despite slowing growth in the world's second-largest economy.
Chinese e-commerce giant Alibaba Group Holdings Ltd said on Wednesday the value of merchandise it has sold so far during the Singles' Day online shopping extravaganza had surpassed last year's total of $9.3 billion.
Growth in China's factory output eased in October while that for retail sales edged up, indicating persistent downward pressures on the economy, as well as a potential shift of growth drivers from exports to domestic ...