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Big banks talk about fintech in China. From vice chairman of JPMC Asia: “JPMorgan every year, as we speak, processes through our QuickPay 94 million payments. But Tencent, the Chinese company, over…

At Shenzhen’s Futian station, tests are underway to pilot 5G network that will enable “facial-recognition ticketing.” Commuters will scan their faces on screens at the entrance gates and have the fare automatically deducted from their bank accounts. (link)

Frankfurt Airport Retail will now allow Chinese tourists to use Alipay and WePay to purchase goods at the airport. FAR integrates both apps with Wirecard. (link)

Ministry of Civil Affairs (MCA) announced that it will use blockchain as the enabling technology to track…

China-based Ant Financial and Vanguard are establishing a new robo advisor targeted to serve over 900 million users. (link)

U.S. is reportedly moving to limit exports of advanced technologies to China. If implemented, U.S. will limit technologies such as…

Source Code, one of the venture capital funds in China that has backed many of the China tech unicorns, raised more than $500 million for its newest fund. (link)

The U.S. Federal Communications Commission announced the largest auction of spectrum for U.S. telecom…

SoftBank, an investor in Uber and other autonomous vehicle companies, reportedly decided to pull back buying shares of NIO, an autonomous electric vehicle company. (link)

China and Italy are collaborating on quantum testing. One example of quantum testing is…

1H 2018 China venture capital exceeded $11B. (link)

China is now the most prolific producer of supercomputers. China has so far produced 206 of the 500 supercomputers in the world. Supercomputers are strategically important advancement of technology to enable massive…

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China’s Central Bank has announced that the government is working on a form of digital currency as a fiat digital currency alongside the renminbi banknote. The government has previously hinted at…