China

Under the guidance of Bank Indonesia and the People’s Bank of China, Indonesia and China have launched a cross-border QR payment linkage connecting Indonesia’s QRIS payment system with Chinese payment platforms through Alipay+ and UnionPay International.

The Infocomm Media Development Authority (IMDA) of Singapore and Chinese technology giant Tencent have launched a digital wellbeing campaign titled “Beyond the Screen: Healthy Digital Play,” aimed at encouraging healthier digital habits among families and strengthening offline connections through gaming.

China’s online and mobile payment platform Alipay has launched a new AI payment processing product aimed at enabling businesses in mainland China, including small firms and one-person companies, to accept payments from autonomous AI agents.

Singapore-based Ant International has introduced a new Agentic Mobile Protocol (AMP) to support the growing agentic commerce by enabling secure, AI-driven payment connections across mobile services.

Alibaba Cloud, the cloud computing subsidiary of Chinese giant Alibaba Group, continued as the largest Infrastructure-as-a-Service (IaaS) provider by revenue in the Asia-Pacific region, increasing its market share to 22.5% in 2025 from 20.8% in 2024.

Vietnam-based Goertek Technology Vina Co., Ltd., a subsidiary of Chinese manufacturing giant Goertek, has invested VND527.1 billlion ($20 million) more in its factory in the northern province of Bac Ninh, according to its draft environmental impact assessment sent to the provincial authorities.

China's online and mobile payment platform Alipay has launched a new AI-powered payment service that allows autonomous AI agents to make purchases and complete transactions based on user instructions.

BYD Electronics (Vietnam), under Chinese giant BYD, was granted a certificate to increase its investment in Vietnam's northern province of Phu Tho to $479.8 million.

Tencent Cloud, a leading cloud company, has launched its 2026 “AI CAN DO IT” Game Development Hackathon during the “Tencent AI Campus Tour” event held at the University of Hong Kong on April 16.

Vietnam's affordable airline Vietjet and China's SPDB Financial Leasing (SPDBFL), a subsidiary of Shanghai Pudong Development Bank, have signed an agreement for the finance lease of 10 COMAC C909 aircraft.