U.S. Expected To Lag China In Digital Payments Growth As Plastic Stays Popular

Alibaba Group’s record-breaking IPO last week has put a new focus on e-commerce prospects in China among global investors. One notable growth area in China's e-commerce field will likely be digital payments,  according to Bhaskar Chakravorti, senior associate dean of International Business and Finance at Tufts University's Fletcher School, who just returned to the U.S. from the World Economic Forum's Annual Meeting of the New Champions in Tianjin earlier this month.  Chakravorti is the le...