China-Asia Ecosystem Newsletter - December 2019

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Turkey's İş Bank, China's AliPay expand cooperation on payment systems

China’s central bank will soon test its digital currency in the cities of Shenzhen and Suzhou

Huawei, Hikvision, ZTE, and other Chinese companies have exported facial recognition tech to more than 60 countries

Chinese artificial intelligence (AI) start-up SenseTime expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million which shows strong demand for SenseTime technology

China orders all government offices to remove computer products made by foreign companies within three years

Ping An Insurance’s OneConnect Financial Technology plans to launch a U.S. initial public offering (IPO) for about $500 million