On October 28 we reported that Apple's CEO Tim Cook was in China and one of his primary goals was to talk to the Chinese government about Apple Pay even though they reportedly already had a deal in place with China's UnionPay. While in China, Cook also met privately with Alibaba's CEO Jack Ma and we wondered at that time if that could translate into a deal with Apple. A week later Alibaba's Jack Ma created a stir at a technology conference when he expressed interest in partnering with Apple on Apple Pay. That noted that this would be a huge boost for Apple Pay in China. Today we learn that there's a possible payment alliance being ironed out between Apple and Alibaba.