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.

New Fears Over China’s Regional Banks As EY Quits
New Fears Over China’s Regional Banks As EY Quits
June 04, 2019  |  B2B Payments

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank...

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China UnionPay Launches Debit, Credit Cards In Europe
China UnionPay Launches Debit, Credit Cards In Europe
June 03, 2019  |  Payment Methods

China UnionPay, the credit card issuer, is expanding in Europe, rolling out debit and credit cards. The Financial Times, citing China UnionPay, the world’s largest...

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Post-Baoshang Takeover, China Aims To Reassure Investors
Post-Baoshang Takeover, China Aims To Reassure Investors
June 02, 2019  |  Bank Regulation

China’s Central Bank said over the weekend that there won’t be any more takeover of banks after the government’s intervention with Baoshang Bank, an Inner...

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China Considers SMB Bankruptcy Path
China Considers SMB Bankruptcy Path
May 31, 2019  |  B2B Payments

Chinese regulation does not offer a way for individuals to discharge the debt they cannot pay. According to reports in The Economist, small business (SMB)...

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New Details Emerge On Chinese Pharma’s $4.3B Fraud
New Details Emerge On Chinese Pharma’s $4.3B Fraud
May 30, 2019  |  B2B Payments

New details have surfaced about how a Chinese pharmaceutical conglomerate overstated its cash position by about $4.3 billion. Bloomberg reported on Wednesday (May 29) that...

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Huawei Files Motion To Toss Out Federal Ban
Huawei Files Motion To Toss Out Federal Ban
May 29, 2019  |  Legal

Huawei, the Chinese telecom company that landed on a blacklist in the U.S., has filed a motion in U.S. court aiming to get it tossed...

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Treasury Dept. Puts Nine Countries On Watch List Over Currency Practices
Treasury Dept. Puts Nine Countries On Watch List Over Currency Practices
May 29, 2019  |  International

The Treasury Department announced Wednesday (May 29) in a report to Congress that of the 21 major U.S. trading partners, only nine need further scrutiny...

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Chinese Travelers Stop Coming To US
Chinese Travelers Stop Coming To US
May 28, 2019  |  International

Chinese tourism in the U.S. declined at a fast clip last year, ending what had been years of growth. According to a report in the...

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Huawei Claims FedEx Rerouted Four Of Its Packages
Huawei Claims FedEx Rerouted Four Of Its Packages
May 28, 2019  |  Delivery

Huawei, the Chinese telecom operator that was blacklisted by the White House, is reportedly looking at its relationship with FedEx after it contends Fedex diverted...

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