china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.

Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation

Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation
Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation
August 31, 2020  |  B2B Payments

Dignari Capital has agreed to provide $50 million to Sheng Ye (SY) Capital in a strategic collaboration to explore new supply chain finance options for...

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Today In Payments: Bank Deposits Up As Consumers Hoard Cash; Bank Job Cuts Are Predicted
Today In Payments: Bank Deposits Up As Consumers Hoard Cash; Bank Job Cuts Are Predicted
August 31, 2020  |  News

In today’s top news, banks are flooded with cash as consumers hoard money, and banks are expected to cut personnel. Plus, China’s new regulations could...

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China’s Banks Lost Billions In Defaulted Loans, Set Aside Cash For More
China’s Banks Lost Billions In Defaulted Loans, Set Aside Cash For More
August 31, 2020  |  Loans

Five of China’s largest state-owned lenders reported their biggest profit losses in at least a decade, as the number of defaulted loans has skyrocketed since the onset...

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New China/US Cold War Fought Over X-Border Deals
New China/US Cold War Fought Over X-Border Deals
August 31, 2020  |  International

Only a few decades ago, the Cold War was fought between the United States and the former Soviet Union by speeches, spying and the looming...

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Chinese Bank Shuts Public Access To eWallet For Digital Yuan
Chinese Bank Shuts Public Access To eWallet For Digital Yuan
August 30, 2020  |  Cryptocurrency

One of the four largest Chinese banks swiftly disabled its new soft launch for a digital yuan wallet after its quiet rollout got mass attention,...

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With Travel Ban, Chinese Residents Flock To Amusement Parks
With Travel Ban, Chinese Residents Flock To Amusement Parks
August 30, 2020  |  International

In China, a ban on traveling outside the country is still in effect due to the pandemic, causing Chinese theme parks to see a boom...

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Report: China Must Approve TikTok Sale Under Its New Rules On AI
Report: China Must Approve TikTok Sale Under Its New Rules On AI
August 30, 2020  |  Partnerships / Acquisitions

As TikTok, the short video-sharing app, faces a Sept. 15 deadline to sell its U.S. operations to an American company, its sale could be slowed...

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Report: Walmart Joins Microsoft On TikTok Bid
Report: Walmart Joins Microsoft On TikTok Bid
August 27, 2020  |  Partnerships / Acquisitions

A new player has entered the high stakes bid to purchase TikTok, the controversial but popular short video sharing app. Get the Full Story Complete...

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TikTok CEO Quits Amid Controversy
TikTok CEO Quits Amid Controversy
August 27, 2020  |  Personnel

After being on the job for just 90 days, TikTok CEO Kevin Mayer said he will quit as the popular short video sharing company gets...

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