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 618 Festival Shows Strength In Consumer Spending

China’s 618 Festival Shows Strength In Consumer Spending
China’s 618 Festival Shows Strength In Consumer Spending
June 22, 2020  |  Retail

China’s 618 shopping festival is in the books. This year’s three-week event was watched closely for evidence that the Chinese consumer will help spend the...

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Alibaba And JD.com Net $136B In China’s Biggest Annual Shopping Event
Alibaba And JD.com Net $136B In China’s Biggest Annual Shopping Event
June 19, 2020  |  eCommerce

China’s biggest online shopping event since COVID-19 put fear into the Asian economy netted $136.5 billion for two of the nation’s eCommerce giants. Get the...

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Today In Payments: US Casinos To Go Cashless; Mastercard, Visa Lose Round On UK Swipe Fees
Today In Payments: US Casinos To Go Cashless; Mastercard, Visa Lose Round On UK Swipe...
June 18, 2020  |  News

In today’s top news, U.S. casinos are moving toward cashless gambling, and Visa and Mastercard lost their bid to assess fees on retailers in the...

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EU Plans To Fight Foreign Competition
EU Plans To Fight Foreign Competition
June 18, 2020  |  Europe

The European Union (EU) plans to fight the effects of hostile rivals trying to take over businesses vulnerable after the coronavirus pandemic, the Associated Press...

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China Proposes East-Asian Digital Currency
China Proposes East-Asian Digital Currency
June 17, 2020  |  Cryptocurrency

A growing number of nations are looking to develop digital versions of their currencies, and now there might be regional initiatives taking shape to target...

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Live Streaming Set For Huge 618 Festival In China
Live Streaming Set For Huge 618 Festival In China
June 16, 2020  |  Retail

U.S. eCommerce companies may be missing out on one of the hottest global trends. In China, eCommerce live streaming is all the rage — and...

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Today In Payments: ByteDance Bids For Singapore Banking License; AmEx Cleared To Process Transactions In China
Today In Payments: ByteDance Bids For Singapore Banking License; AmEx Cleared To Process Transactions In...
June 15, 2020  |  News

In today’s top news, ByteDance joins the race for one of Singapore’s five digital banking licenses, and American Express has received initial approval to process...

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Bitcoin Daily: Xapo Stops Credit Payments for Crypto; Former CoinFlux Owner Pleads In Crypto-Laundering Case
Bitcoin Daily: Xapo Stops Credit Payments for Crypto; Former CoinFlux Owner Pleads In Crypto-Laundering Case
June 14, 2020  |  Bitcoin

Xapo, a crypto wallet and bitcoin custodian, will no longer deal in credit card payments for digital asset purchases, according to an email from the...

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