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.

Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
August 08, 2023  |  B2B Payments

“The export of goods and services is more prevalent, digital and borderless than ever,” Payoneer executives told investors on the company’s second-quarter 2023 earnings call Tuesday...

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China Calls for Limits on Facial Recognition Tools
China Calls for Limits on Facial Recognition Tools
August 08, 2023  |  Biometrics

China wants its businesses to think twice before using facial recognition technology. The country’s Cyberspace Administration (CAC) on Tuesday (Aug. 8) introduced draft regulations calling for limits on facial...

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Paytm Founder Buying 10% Stake in Company From Ant Group
Paytm Founder Buying 10% Stake in Company From Ant Group
August 07, 2023  |  Acquisitions

The founder of Indian eCommerce and payments firm Paytm is now reportedly also its largest shareholder. Paytm Chairman Vijay Shekhar Sharma is set to purchase a 10.3% stake worth...

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China’s Child Screen Time Protections Could Hurt Social Media Giants
China’s Child Screen Time Protections Could Hurt Social Media Giants
August 02, 2023  |  Regulation

China’s internet regulator has introduced regulations to keep kids from spending too much time online. The rules issued by the Cyberspace Administration of China (CAC)...

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Report: Apple Removes Generative AI Apps From China App Store
Report: Apple Removes Generative AI Apps From China App Store
August 01, 2023  |  artificial intelligence

Apple has reportedly removed more than 100 generative artificial intelligence (AI) apps from its China app store. The move was made Tuesday (Aug. 1) and...

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Report: Shein and Temu Fight Two-Front Battle for Fast-Fashion Market
Report: Shein and Temu Fight Two-Front Battle for Fast-Fashion Market
July 30, 2023  |  Retail

Earlier this month, Chinese fast-fashion brand Temu sued rival Shein, accusing it of “intimidation.” That suit followed an earlier one filed in federal court in March in which...

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Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
July 30, 2023  |  Retail

After going “bonkers” during the pandemic, the luxury retail sector is returning to its baseline.  For years, luxury retailers enjoyed a post-pandemic boom thanks to...

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Alipay and WeChat Pay Add Links to Visa and Mastercard
Alipay and WeChat Pay Add Links to Visa and Mastercard
July 21, 2023  |  Payment Methods

Visitors to China can now link their Visa and Mastercard accounts to the country’s most popular mobile payment applications, Alipay and WeChat Pay. Ant Group, the operator of Alipay, said Friday (July...

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Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
July 19, 2023  |  Retail

While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not...

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