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.

Huawei Bets $1 Billion On Electric Car Market In China

Huawei Bets $1 Billion On Electric Car Market In China
Huawei Bets $1 Billion On Electric Car Market In China
April 12, 2021  |  Investments

Car companies around the world are speeding forward with their electric car programs. Now, Huawei Technologies Co. said it wants to take on market leader...

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For Alibaba, Antitrust Fine Means ‘Pay Up And Move On’ 
For Alibaba, Antitrust Fine Means ‘Pay Up And Move On’ 
April 12, 2021  |  ANTITRUST

For Alibaba, it may be a case of “pay up and move on.” The weekend brought a fine in the billions of dollars for the...

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Chinese Regulators Levy Record $2.8 Billion Fine On Alibaba
Chinese Regulators Levy Record $2.8 Billion Fine On Alibaba
April 11, 2021  |  ANTITRUST

Chinese authorities have fined Alibaba $2.75 billion for alleged antitrust violations, Reuters and other news agencies reported. Get the Full Story Complete the form to...

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Travel Makes Comeback In China: Will Spending Follow?
Travel Makes Comeback In China: Will Spending Follow?
April 06, 2021  |  Travel Payments

Travel in China made a strong comeback last weekend, a three-day weekend that marked the first national holiday since the government eased COVID-related travel restrictions....

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Ant Listing Pull Sends 76 Chinese Tech IPOs To The Exits
Ant Listing Pull Sends 76 Chinese Tech IPOs To The Exits
April 04, 2021  |  IPO

Chinese tech companies apparently reacting to increased regulatory scrutiny tied to the delay of Ant Group‘s planned $37 billion IPO are dropping their own plans...

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Preference For Contactless Payments Tanks China’s ATM Usage
Preference For Contactless Payments Tanks China’s ATM Usage
April 04, 2021  |  International

China’s government-backed push toward the use of the digital yuan and consumer behavior changes resulting from the pandemic led to a decrease in the number...

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Today In Payments Around The World: Glovo Lands $530 Million; Treasury Helps IMF With $650 Million In Currency Aid
Today In Payments Around The World: Glovo Lands $530 Million; Treasury Helps IMF With $650...
April 01, 2021  |  International

In today’s top payments news around the world, Glovo raised $530 million in a funding round, while the Department of the Treasury is working with...

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JD.com Sells Off Cloud, AI Units To Its FinTech Arm
JD.com Sells Off Cloud, AI Units To Its FinTech Arm
March 31, 2021  |  Acquiring

Chinese eCommerce giant JD.com said on Wednesday (March 31) that it had officially sold its JD Cloud and artificial intelligence (AI) business to its FinTech...

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Today In Payments Around The World: Afterpay Debuts Virtual Card Offering; Pandemic Fuels 41 Pct Rise In Global RTP
Today In Payments Around The World: Afterpay Debuts Virtual Card Offering; Pandemic Fuels 41 Pct...
March 29, 2021  |  International

In today’s top payments news around the world, Afterpay has introduced a virtual card offering, while the pandemic has dramatically heightened dependence on real-time and...

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