World's retail gets Chinese innovative edge

Mainland firms blaze a trail with digital tech that revolutionizes e-shopping, logistics and payments

Chinese e-commerce giants, gadget-makers and financial solution providers are now shaping the global retail sector, said industry leaders and market insiders at the Retail Big Show 2019, a retail convention and expo held earlier this month in New York.

"(In Sweden and rest of Europe), we don't see the kind of application of facial recognition technology in digital payments seen in China. It's so cool. It's really interesting," said Elisabeth Orn Sylve, an executive of Microsoft Corp in Sweden.