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Insights
Jul-18 Growth in emerging market commodity importers is expected to remain robust, while the rebound in commodity exporters is projected to mature, says the World Bank. Risks include escalating trade protectionism and rising geopolitical tensions. A slowdown in China is partly offset by the rest of Asia, led by 7% growth in India. Prospects in Latam and the Middle East look positive, though with growth projected at much lower levels than in Asia.
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30-Jun-18 Consumers will complete mobile payment using upgraded facial recognition technologies on China-branded Android phones as early as Jul-18. Oppo will partner with Alibaba to kick off facial recognition authorization on AliPay using its new technology called FaceKey 3D. [image: Shine]
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30-Jun-18 Technology firms are racing to shake up a creaking state-run health sector in China. Alibaba is hoping to use its cloud and data systems to tackle issues like ambulance delays, long patient queues and a lack of doctors. [image: Reuters]
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Insights
28-Jun-18 In China, everybody was still using cash. In 2016, China's mobile payments reached USD5.5 tn, roughly 50 times America's market. Mobile payments - mainly via WeChat - are now a default way of life. [image: Pulse LinkedIn]
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22-Jun-18 E-payments are expanding across Asia at breakneck speed. Hong Kong, Singapore and predominantly China lead the way. Singapore’s education minister, Ong Ye Kung says already 80% of Singapore consumers use e-payments and nearly 60% merchants now accept e-payments. [image: finews.asia]
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