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.

Tencent Invests $180M In Brazilian FinTech Nubank

Tencent Invests $180M In Brazilian FinTech Nubank
Tencent Invests $180M In Brazilian FinTech Nubank
October 09, 2018  |  Partnerships

China’s Tencent Holdings paid $180 million for an undisclosed minority stake in Brazilian FinTech Nu Pagamentos SA (known as Nubank). As a result of the...

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China’s Reserve Ratio Cut Hopes To Free Up Lending And Spending
China’s Reserve Ratio Cut Hopes To Free Up Lending And Spending
October 08, 2018  |  Cross-border Payments

In what might be seen as a move to boost both lending and spending in China — and extend buying power as Chinese citizens wield...

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CANCAN Teams With WorldFirst Payments Platform; Westpac Launches Mobile Deposits
CANCAN Teams With WorldFirst Payments Platform; Westpac Launches Mobile Deposits
October 08, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes CANCAN and WorldFirst’s rollout of a platform for WeChat Pay...

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Police Get More Authority To Inspect Companies’ IT In China
Police Get More Authority To Inspect Companies’ IT In China
October 07, 2018  |  Cybersecurity

Chinese authorities are getting more power to inspect the information technology, or IT, of companies and access property information and business data as part of new...

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AR Growth Fueled By Chinese Investments
AR Growth Fueled By Chinese Investments
October 05, 2018  |  Innovation

One of the new realities of augmented reality is this: the technology is attracting more investment from China than from sources in North America. This...

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Uber Works On Creating Bikes And Scooters
Uber Works On Creating Bikes And Scooters
September 28, 2018  |  Ridesharing

Following its acquisition of JUMP Bikes, Uber is looking to create its own versions of scooter and bikes. The company is bringing recruiting, supply chain...

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Walgreens Partners With Alibaba To Offer Beauty Brands On Tmall Global
Walgreens Partners With Alibaba To Offer Beauty Brands On Tmall Global
September 21, 2018  |  Retail

Walgreens Boots Alliance and Alibaba Group Holding have announced the launch of a Boots flagship store on Tmall Global, Alibaba’s B2C platform for international brands...

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Ant Expands FI Tech Services Platform In China
Ant Expands FI Tech Services Platform In China
September 20, 2018  |  B2B Payments

Ant Financial, the financial services unit of Alibaba, is rolling out a new brand to provide financial institutions (FIs) with support for digital transformation. Get...

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