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.

Amex Obtains License For Chinese Card Service
Amex Obtains License For Chinese Card Service
November 09, 2018  |  International

Before a summit between China’s President Xi Jinping and U.S. President Donald Trump, American Express has received the go-ahead to open up card-clearing services in...

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Alibaba’s New On-Demand Online Services Unit Raised $4B
Alibaba’s New On-Demand Online Services Unit Raised $4B
November 08, 2018  |  Investments

Alibaba, the Chinese eCommerce giant, is having success with its newly-created on-demand online services unit — it raised $4 billion in funding, giving it a...

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Starbucks Builds Up Coffee Delivery Service In China
Starbucks Builds Up Coffee Delivery Service In China
November 07, 2018  |  Retail

With an Alibaba partnership, Starbucks’ delivery service in China has a wide reach: the chain offers delivery in 17 cities in the country in 1,100...

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WorldFirst Debuts Small Biz Accounts In China
WorldFirst Debuts Small Biz Accounts In China
November 07, 2018  |  B2B Payments

Cross-border payments firm WorldFirst is launching operations in mainland China through the rollout of its localized brand name and multi-currency accounts for small businesses in...

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Tencent Gathers Autonomous Tech Team In CA
Tencent Gathers Autonomous Tech Team In CA
November 07, 2018  |  International

Chinese tech giant Tencent Holdings is looking to hire self-driving car engineers in Palo Alto, California. “We are building a research team for our Auto-drive...

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Tencent To ID Chinese Gamers
Tencent To ID Chinese Gamers
November 05, 2018  |  International

China’s Tencent Holdings will require users to show proof of their ages and identities against police records in order to play its video games. According...

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Fed Weighs In On Bank Liquidity Ratio (And Other) Changes
Fed Weighs In On Bank Liquidity Ratio (And Other) Changes
November 05, 2018  |  Bank Regulation

Roughly a decade on, is it time to remove some of the rules governing the financial sector that took shape in the aftermath of the...

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CMB Ushers China Into Blockchain eInvoicing
CMB Ushers China Into Blockchain eInvoicing
November 05, 2018  |  B2B Payments

China Merchants Bank (CMB) announced that it has become the first bank in the country to issue blockchain electronic invoices. According to China Knowledge, the...

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China To Increase Regulation Of Financial Holding Companies
China To Increase Regulation Of Financial Holding Companies
November 05, 2018  |  Regulation

China is reportedly looking at new regulations that would impact Alibaba and Ant Financial in an effort to boost oversight of financial holding companies. According...

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