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.

China’s Central Bank to Expand Digital Yuan Trials to More Cities
China’s Central Bank to Expand Digital Yuan Trials to More Cities
April 03, 2022  |  CBDC

The Peoples’ Bank of China plans to expand its trial for digital yuan to include more cities, a report Saturday (April 3) from Bloomberg said....

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UnionPay Debuts Self-Service Network for Merchants to Add Digital Yuan Options
UnionPay Debuts Self-Service Network for Merchants to Add Digital Yuan Options
March 29, 2022  |  Digital Payments

UnionPay, China’s financial authorization service for secure transactions, is poised to launch a self-service platform for merchants who want to use the digital yuan (eCNY),...

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Tencent Eyes a Holding Company for FinTech WeChat Pay
Tencent Eyes a Holding Company for FinTech WeChat Pay
March 23, 2022  |  Mobile Payments

Tencent, the Chinese tech giant, is looking into whether regulators will required it to have a financial holding company for its FinTech business, CNBC wrote...

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China Regulators Tell Alibaba, Other U.S.-Traded Firms to Prep for Audit
China Regulators Tell Alibaba, Other U.S.-Traded Firms to Prep for Audit
March 22, 2022  |  International

As China seeks to guarantee its publicly traded companies stay listed in New York, Beijing regulators are considering a plan that would permit their U.S.-based...

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Chinese eCommerce Platform Pinduoduo Posts Increase in Net Income
Chinese eCommerce Platform Pinduoduo Posts Increase in Net Income
March 21, 2022  |  Earnings

Chinese eCommerce startup Pinduoduo, which is also China’s largest agriculture platform, reported a 3% increase in revenue for the fourth quarter and a 46% increase...

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China Blocks Bing’s Auto-Suggest Function
China Blocks Bing’s Auto-Suggest Function
March 21, 2022  |  International

For one week, China users of Bing can’t use the Microsoft Corp.’s search engine auto-suggest function, Reuters reported Monday (March 21). Get the Full Story...

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Footwear Retailer Belle Preps for $1B Hong Kong IPO
Footwear Retailer Belle Preps for $1B Hong Kong IPO
March 18, 2022  |  IPO

Chinese footwear and fashion brand Belle is looking to go public on the Hong Kong markets with an initial public offering that could be worth...

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Alibaba.com’s Caplan Announces Departure
Alibaba.com’s Caplan Announces Departure
March 18, 2022  |  Personnel

John Caplan, head of Aliababa.com’s North American and European operations and its global president/CMO, announced he is leaving the company Friday (March 18). Get the...

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China Could Require Tencent’s WeChat to Secure New Payment License
China Could Require Tencent’s WeChat to Secure New Payment License
March 18, 2022  |  Regulation

Regulators in China could force Tencent to spin WeChat Pay into its newly-created payments subsidiary, which could cause the need for the mobile payments service...

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