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.

Today In Payments Around The World: PPRO Ups Funding Round To $270 Million; Surge Unveils $195 Million In Funding

Today In Payments Around The World: PPRO Ups Funding Round To $270 Million; Surge Unveils $195 Million In Funding
Today In Payments Around The World: PPRO Ups Funding Round To $270 Million; Surge Unveils...
March 25, 2021  |  International

In today’s top payments news around the world, PPRO upped its latest funding round to $270 million, while Sequoia Capital India’s Surge accelerator announced that...

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China Suggests Worldwide CBDC Rules
China Suggests Worldwide CBDC Rules
March 25, 2021  |  International

China has proposed global rules for how central bank digital currencies (CBDCs) should operate, Reuters reported. Get the Full Story Complete the form to unlock...

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China’s Central Bank: Digital Yuan Won’t Replace Alipay, WeChat Pay
China’s Central Bank: Digital Yuan Won’t Replace Alipay, WeChat Pay
March 25, 2021  |  Digital Payments

China’s central bank said that its planned digital yuan will not displace the payment services of the country’s big FinTech companies, including Ant Group’s Alipay...

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Tencent Unconcerned About New Regulatory Impacts
Tencent Unconcerned About New Regulatory Impacts
March 25, 2021  |  Bank Regulation

Tencent doesn’t expect a serious impact to its business if it folds its FinTech business into a financial holding company as recommended by regulators, Bloomberg...

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Dozens Of Chinese IPOs Pulled After Gov’t Clampdown On Market Regs
Dozens Of Chinese IPOs Pulled After Gov’t Clampdown On Market Regs
March 23, 2021  |  IPO

Chinese firms are looking to pull initial public offerings (IPOs) after regulators have moved to strengthen requirements to safeguard investors and protect financial stability, Bloomberg...

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China May Put Limits On Loan Facilitation
China May Put Limits On Loan Facilitation
March 23, 2021  |  Loans

Regulators in China are considering limits on so-called “loan facilitation,” a potential set-back for internet lenders, The Wall Street Journal reported Tuesday. Get the Full...

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Container Ships Still Stranded Off West Coast
Container Ships Still Stranded Off West Coast
March 21, 2021  |  International

U.S. businesses that import goods from China are struggling with shortages due to severe damage to supply chains that have yet to recover from COVID-19...

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Ride-Hailing Giant Didi Eyes IPO, Could Raise $9 Billion
Ride-Hailing Giant Didi Eyes IPO, Could Raise $9 Billion
March 19, 2021  |  News

Didi Chuxing Technology Co. is preparing for an initial public offering (IPO), Bloomberg reported on Friday (March 19), citing people familiar with the plans. An...

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Ant-Backed Chinese Robo Adviser BangNiTou Tops Million Users
Ant-Backed Chinese Robo Adviser BangNiTou Tops Million Users
March 18, 2021  |  International

BangNiTou, a robo-adviser service backed by Vanguard and Ant Group, has reached 1 million users, according to Bloomberg. Get the Full Story Complete the form...

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