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.

Richemont Confirms China’s Diminishing Role in Luxury Retail 
Richemont Confirms China’s Diminishing Role in Luxury Retail 
July 18, 2023  |  Retail

China, once hailed as the savior of the luxury sector, is no longer providing the same support as before, at least for now. The industry...

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China’s Generative AI Regulations Go Live Next Month
China’s Generative AI Regulations Go Live Next Month
July 17, 2023  |  News

China is a famously hands-on nation when it comes to controlling information within its borders. Still, that hasn’t stopped some of the world’s largest technology...

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Flywire and Tencent Financial Team on International Tuition Payments for Chinese Students
Flywire and Tencent Financial Team on International Tuition Payments for Chinese Students
July 13, 2023  |  Partnerships

Flywire and Tencent Financial Technology have teamed up to provide a convenient way for Chinese students to make international tuition payments. This partnership will use the digital wallet Weixin...

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Report: Amazon Sellers Allege Copyright Violations in Lawsuit Against Temu
Report: Amazon Sellers Allege Copyright Violations in Lawsuit Against Temu
July 12, 2023  |  Retail

Multiple Amazon sellers reportedly said their listings, including product images and descriptions, were replicated by other sellers on Temu. The continuous presence of Temu’s infringing listings has prompted...

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Apple Debuts Store on Chinese Super App WeChat
Apple Debuts Store on Chinese Super App WeChat
July 11, 2023  |  Apple

Apple has reportedly begun selling its devices via the Chinese social media platform WeChat. WeChat is owned by Tencent and is considered China’s leading messaging app. Apple will sell...

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China’s Web Watchdog Wants to License Generative AI Use
China’s Web Watchdog Wants to License Generative AI Use
July 11, 2023  |  artificial intelligence

China is reportedly preparing to unveil tougher rules for generative artificial intelligence (AI). The Cyberspace Administration of China (CAC), the country’s internet watchdog, wants to...

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China Creeps Toward Deflation as Recovery Slows
China Creeps Toward Deflation as Recovery Slows
July 10, 2023  |  International

While much of the world deals with inflation, China has the opposite problem. The country’s economy reached the edge of deflation last month, the Financial Times (FT)...

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China’s IPO Applications Plunge in First Half of 2023
China’s IPO Applications Plunge in First Half of 2023
July 10, 2023  |  IPO

So far, 2023 has not been a good year for the Chinese IPO (initial public offering) market. As Reuters reported Monday (July 10), IPO applications in that...

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Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China
Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China
July 07, 2023  |  CBDC

DBS has launched a digital yuan (e-CNY) merchant collection solution and completed its first e-CNY transaction for a client. The Singapore-headquartered financial services group’s DBS China...

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