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.

Insiders Say CBDC Use in China ‘Highly Inactive’
Insiders Say CBDC Use in China ‘Highly Inactive’
December 29, 2022  |  CBDC

Consumers in China have shown little enthusiasm for their country’s central bank digital currency (CBDC). That’s according to a former official from the People’s Bank...

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Luxury Retail Sector Awaits Surge in Chinese Tourists
Luxury Retail Sector Awaits Surge in Chinese Tourists
December 27, 2022  |  Retail

The luxury retail sector is expecting more Chinese tourists after three years of pandemic restrictions. China announced Monday (Dec. 26) that it will lift international...

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Chinese Police Break up Crypto-Using Money Laundering Group
Chinese Police Break up Crypto-Using Money Laundering Group
December 12, 2022  |  Cryptocurrency

Chinese police have reportedly broken up a money-laundering group that used cryptocurrency. The police arrested 63 people involved in the group that laundered 12 billion...

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US Antes $1.5B to Keep 5G Plans Alive and Secure
US Antes $1.5B to Keep 5G Plans Alive and Secure
December 08, 2022  |  Technology

The U.S. hopes to boost domestic wireless equipment competition with gear made by China’s Huawei. The move comes amid a festering national security dispute between...

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Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
December 06, 2022  |  Fraud Prevention

Federal authorities say Chinese hackers have stolen $20 million in COVID relief money since 2020. The U.S. Secret Service has identified the group behind the...

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Aluminum China Launches Global Online B2B Marketplace
Aluminum China Launches Global Online B2B Marketplace
December 05, 2022  |  B2B Payments

Aluminum China has launched an online B2B marketplace and supply chain platform for aluminum products.  Dubbed “ALU connect,” the new offering is designed to connect global...

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South Dakota Governor Bans TikTok From State Devices
South Dakota Governor Bans TikTok From State Devices
November 29, 2022  |  Legal & Regulation

South Dakota Gov. Kristi Noem has banned the use of TikTok on state devices.  Noem signed an executive order Tuesday (Nov. 29) that applies the...

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China’s Zero-COVID Policies Test Global Brands’ Resilience
China’s Zero-COVID Policies Test Global Brands’ Resilience
November 28, 2022  |  Retail

Three years in, China continues to weather fallout from the pandemic. And that fallout, as lockdowns and civil unrest wrack an already volatile economy, may...

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Thunes’ ‘Pay the World’ Vision Now Includes WeChat’s 1.3B Users
Thunes’ ‘Pay the World’ Vision Now Includes WeChat’s 1.3B Users
November 22, 2022  |  Digital Payments

Thunes has teamed up with China’s Tencent Financial Technology, allowing members of the Thunes network to send payments to the 1.3 billion users on Tencent’s...

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