In China's commercial hub Shanghai, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying out a political mandate to provide consumers with a payment alternative to Alipay and WeChat Pay.

Chinese banks promoting digital currency, posing threat to Alipay, WeChat duopoly

In another major blow to Chinese tech giants, the Indian govt has banned 43 Chinese Apps. WION's Molly Gambhir tells you how this move is set to reduce China's influence on the internet economy.

Gravitas: India bans 43 Chinese apps

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Chinese banks promoting digital currency, posing threat to Alipay, WeChat duopoly

Gravitas: India bans 43 Chinese apps