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.

Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  International

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

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China’s Alibaba Loans Near $3B To Coronavirus-Affected Firms
China’s Alibaba Loans Near $3B To Coronavirus-Affected Firms
February 18, 2020  |  International

Alibaba said on Monday (Feb. 17) that ㍐20 billion ($2.86 billion) is available in loans via its affiliate, Ant Financial’s MYBank, to help companies affected...

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Apple Says Coronavirus Will Ding Future Revenue
Apple Says Coronavirus Will Ding Future Revenue
February 18, 2020  |  Apple

Citing the deadly coronavirus, Apple has become the first major company to admit it won’t meet its projected revenue for this quarter because of the...

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French FinTech Closes $4M For New Neobank
French FinTech Closes $4M For New Neobank
February 18, 2020  |  B2B Payments

FinTech startup EasyEuro — based in both Paris, France and Shenzhen, China — has closed a $4 million pre-funding deal to launch a Neobank (a...

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Chinese Investors’ $1.4B Into Indian Startups Prompts Questions
Chinese Investors’ $1.4B Into Indian Startups Prompts Questions
February 17, 2020  |  Investments

Venture capitalists in China are putting record levels of money into tech startups in India, raising questions about the ability of the geopolitical rivals to...

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India’s OYO: China Expansion Came At Great Cost
India’s OYO: China Expansion Came At Great Cost
February 17, 2020  |  Earnings

Losses widened this past year for OYO Homes & Hotels, as the SoftBank-backed company tried to expand into China, according to Reuters. Get the Full...

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EU Braces For Coronavirus’ Impact On PMI
EU Braces For Coronavirus’ Impact On PMI
February 16, 2020  |  International

China’s coronavirus is having a negative impact on the eurozone’s already-sluggish economy, and no one is confident that the U.S. Fed will leave interest rates...

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Gov’t: US Manufacturing Spend Dips As US Consumer Spending Rises
Gov’t: US Manufacturing Spend Dips As US Consumer Spending Rises
February 16, 2020  |  Economy

A warm January led to utilities dropping 4 percent for the month as Americans reduced their reliance on heat, according to The Wall Street Journal....

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Mastercard Card Clearing In China, Unattended Retail, Rapid Settlements Top This Week’s News
Mastercard Card Clearing In China, Unattended Retail, Rapid Settlements Top This Week’s News
February 14, 2020  |  News

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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