Ramallah, their administrative capital, is bristling with new buildings, electronic and liquor shops and various spin-offs of foreign aid.

ECONOMIST: The Palestinian president is in a pickle

Suning maneuvered to capture Chinese tourists purchasing duty-free electronic items in Japanese retail shops, as well as bring Laox sales and product management expertise back to its Chinese retail stores.

FORBES: The 'Chapan' M & A Wave

It is used for making very low-value purchases at shops, vending machines and pay phones or it can be used for electronic commerce.

CNN: Will smart cards replace ATMs?