Latest posts by Jack Hu from March, 2014
China Recruits Tencent and Alibaba for Private Bank Pilot
China has named ten companies, including Internet giants Alibaba and Tencent, to set up five privately owned banks. The move has some fearful for state-owned traditional banking.
China's Tencent to Step Up Competition With JD.com Stake
The move is widely viewed as a strategic collaboration to shore up the two parties against their common competitor Alibaba, China’s largest e-commerce company.
