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 P2P Lending Crackdown Leaves $115B In Losses

China’s P2P Lending Crackdown Leaves $115B In Losses
China’s P2P Lending Crackdown Leaves $115B In Losses
August 14, 2020  |  Loans

China’s peer-to-peer (P2P) lending sector, once 6,000 businesses strong, has been reduced to fewer than three dozen as the government tightened regulations, leaving billions in loans...

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Lufax Is Latest Chinese Firm To File For US IPO As Crackdown Looms
Lufax Is Latest Chinese Firm To File For US IPO As Crackdown Looms
August 12, 2020  |  IPO

Online wealth management platform Lufax is the latest to file plans for an IPO in the United States as Chinese firms rush to go public...

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China’s Ucommune Changes Course On Planned US IPO
China’s Ucommune Changes Course On Planned US IPO
August 11, 2020  |  IPO

Ucommune, a Chinese rival of co-working space operator WeWork, scrapped a planned U.S. IPO via a document filed on Monday (Aug. 10) with the U.S....

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Bitcoin Daily: India Sees Rise In Fake Crypto Wallet Scams; Crypto Exchanges Vulnerable In How They Hold User Funds
Bitcoin Daily: India Sees Rise In Fake Crypto Wallet Scams; Crypto Exchanges Vulnerable In How...
August 10, 2020  |  Bitcoin

A number of wealthy Indian business owners have succumbed as of late to scams that robbed them of their cryptocurrency, according to an India TV...

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Mnuchin: Trump Is Serious About Action Against TikTok
Mnuchin: Trump Is Serious About Action Against TikTok
August 10, 2020  |  Cross-border Payments

Treasury Secretary Steven Mnuchin has come out against social media video-sharing app TikTok, saying in a CNBC interview on Monday (Aug. 10) that President Trump...

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Chinese Firms Scramble To Beat New US IPO Rules
Chinese Firms Scramble To Beat New US IPO Rules
August 10, 2020  |  Cross-border Payments

Chinese companies are rushing to launch U.S. initial public offerings (IPOs) before newly proposed rules that would expose the companies’ audits to scrutiny by American...

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Trump’s WeChat Ban Poses Potential Threat To Payments Landscape
Trump’s WeChat Ban Poses Potential Threat To Payments Landscape
August 07, 2020  |  Mobile

President Donald Trump has issued two executive orders in two days banning two Chinese behemoths from operating in America – and, in doing so, has...

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TikTok ‘Shocked’ By Trump’s Executive Order
TikTok ‘Shocked’ By Trump’s Executive Order
August 07, 2020  |  Cross-border Payments

In its first public statements about President Donald Trump’s executive order to ban TikTok, the Chinese company said it is “shocked” the edict was issued...

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