Samsung Pay announces partnership with market leader PayPal


Chinese President Xi Jinping is once again
cementing his grip on power,… by replacing a senior official who was seen as a possible
future leader of the country. Senior party member Sun Zhengcai , who was
considered by some to be a possible successor to Xi, has been removed from his position
of party chief for the southwestern city of Chongqing. His replacement, Chen Miner , is a close ally
of President Xi. The decision was announced in Chongqing last
weekend. Experts see the move as a means to strengthen
Xi Jinping’s control ahead of this fall’s 19th National Communist Party Congress, and
to increase his chances of staying in power after his term expires in 2022.

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