Ant Fi­nan­cial ups over­seas ex­pan­sion

China Daily (Canada) - - BUSINESS -

Ant Fi­nan­cial, Alibaba’s fi­nance af­fil­i­ate, an­nounced onWed­nes­day a plan to con­nect with more over­seas ser­vice providers in or­der to help Chi­nese cus­tomers get bet­ter ser­vice when trav­el­ing abroad. The project, named global mer­chants shar­ing plat­form, aims to at­tract 1 mil­lion over­seas mer­chants to con­nect to Ali­pay, China’s largest third-party pay­ment ser­vice owned by Ant Fi­nan­cial, in the next three years. sys­tems provider Rolls-Royce signed a con­tract with Chi­naNa­tion­alNu­clear Corp onWed­nes­day to fur­ther strengthen their strate­gic col­lab­o­ra­tion in civil nu­clear power. The two com­pa­nies have agreed spe­cific engi­neer­ing and con­sul­tancy ser­vices to be pro­vided by Rolls-Royce to CNNC, in­clud­ing the pro­vi­sion of train­ing. be­tween FESCO and Switzer­land­head­quar­tered Adecco Group to pro­vide hu­man re­sources ser­vices. Rolf Dorig, chair­man of Adecco, said the Adecco Group has more than 5,100 branches in more than 60 coun­tries and re­gions and that China is its fastest-grow­ing mar­ket. Tues­day af­ter meet­ing In­ter­na­tion­alMone­tary Fund chief Christine La­garde and lead­ers of other global eco­nomic or­ga­ni­za­tions. “In our opin­ion, it is not legally pos­si­ble in the eu­ro­zone,” Merkel said at a joint news con­fer­ence with the lead­ers. A debt re­lief for Greece had been re­peat­edly re­jected by Ger­man of­fi­cials. Merkel’s re­marks on Tues­day fol­lowed a re­cent leak of a tran­script which sug­gested the IMF may threaten to pull out of Greece’s bailout as a tac­tic to force Euro­pean lenders to write down Greek debts.

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