China-Asia Ecosystem Newsletter - February 2022

Two private Chinese banks end services for banknotes and coins to go cashless to launch hybrid work policy in first for Chinese tech sector

Pinduoduo’s online grocery arm to launch delivery pickup service

Alibaba goes after JD’s direct retail model with new e-commerce app

Xiaomi is transforming into a high-end smartphone brand to compete with Apple

India's Central Bank to launch digital rupee by 2023