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.

David Marcus Threatens That China Will Win If Libra Fails

David Marcus Threatens That China Will Win If Libra Fails
David Marcus Threatens That China Will Win If Libra Fails
October 17, 2019  |  Cryptocurrency

David Marcus, the executive in charge of Facebook’s proposed cryptocurrency, Libra, said if Libra fails, the U.S. could fall behind China in the race for...

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Top News In Payments: China Allows PayPal To Operate; Mastercard Outlines Blockchain Intentions
Top News In Payments: China Allows PayPal To Operate; Mastercard Outlines Blockchain Intentions
October 17, 2019  |  News

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined...

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Chinese Shoppers Will Have PayPal Access By Year End
Chinese Shoppers Will Have PayPal Access By Year End
October 16, 2019  |  International

With its purchase of a majority stake in GoPay, China has allowed PayPal to operate in the country. According to a report by the Financial...

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What’s Behind The Drop In US Retail Sales?
What’s Behind The Drop In US Retail Sales?
October 16, 2019  |  Retail

Retail sales in the U.S. decreased 0.3 percent September 2019, the first such decline in seven months, according to figures released Wednesday (Oct. 16) by...

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Paytm Poised To Raise $2B To Counter Rivals
Paytm Poised To Raise $2B To Counter Rivals
October 14, 2019  |  Investments

India payment service Paytm has almost closed a deal to get $2 billion in a new financing round in preparation for competition with a slew...

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Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
October 14, 2019  |  International

In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home team. Get the...

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China’s Club Factory Raises $100M To Grow Online Sales In India
China’s Club Factory Raises $100M To Grow Online Sales In India
October 13, 2019  |  eCommerce

Chinese eCommerce platform Club Factory has raised $100 million in a Series D funding round as it plans expansion into India, sources reported on Friday...

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Russian Central Bank Says ‘Nyet’ To Digital Crypto
Russian Central Bank Says ‘Nyet’ To Digital Crypto
October 10, 2019  |  International

The Chief of Russia’s Central Bank Elvira Nabiullina said she doesn’t see any pertinent or obvious reason to create a national digital currency, according to...

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Ingenico Partners With Alipay, WeChat Pay To Enable Mobile Payments In China
Ingenico Partners With Alipay, WeChat Pay To Enable Mobile Payments In China
October 10, 2019  |  eCommerce

Global payments firm Ingenico Group is launching a suite of payment methods to help eCommerce firms operating in China, the company announced in a press...

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