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.

Chinese Gov’t Bolsters Rural Economies With Mobile Payments

Chinese Gov’t Bolsters Rural Economies With Mobile Payments
Chinese Gov’t Bolsters Rural Economies With Mobile Payments
February 22, 2019  |  International

In an effort to strengthen the economy in hamlets and small cities, China is looking to make mobile payments commonplace in rural places prior to...

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Apple, Alipay Pair On Interest-Free iPhone Financing In China
Apple, Alipay Pair On Interest-Free iPhone Financing In China
February 21, 2019  |  Apple

In an attempt to increase iPhone sales in China, Apple has teamed up with Alipay to give potential buyers a more affordable avenue to buy...

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Alipay Will Charge Fees For Repayment By Credit Card
Alipay Will Charge Fees For Repayment By Credit Card
February 21, 2019  |  Consumer Finance

Mobile payment company Alipay is going to start charging a fee of 0.1 percent to customers who use the service to decrease their credit card debt,...

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Logistics Startup Lalamove Goes Unicorn With $300M Investment
Logistics Startup Lalamove Goes Unicorn With $300M Investment
February 21, 2019  |  Investments

Lalamove, an on-demand delivery and logistics startup based out of Hong Kong, has raised $300 million in a Series D funding round, which brings its...

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Hello TransTech Takes On Didi Chuxing In China Ride-Hailing
Hello TransTech Takes On Didi Chuxing In China Ride-Hailing
February 21, 2019  |  Ridesharing

Hello TransTech, the Chinese ride-hailing startup formerly known as Hellobike, is launching a carpooling service this week, on the heels of a test that ran...

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Tencent Touts Aggressive Investment Plans
Tencent Touts Aggressive Investment Plans
February 20, 2019  |  Investments

Go big or go home — that could describe Tencent’s aggressive investment philosophy, one whose pace will not ease, according to Martin Lau, president of...

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Chinese Hackers Expand Attacks Amid US Anti-Huawei Push
Chinese Hackers Expand Attacks Amid US Anti-Huawei Push
February 19, 2019  |  Security & Fraud

Attacks by Chinese hackers against telecom companies have risen in the last year, a troubling sign that could mean China is pushing back against the...

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HSBC May Hold Off On Investments As China, UK Growth Slows
HSBC May Hold Off On Investments As China, UK Growth Slows
February 19, 2019  |  Investments

HSBC, the global bank, expressed caution on Tuesday (Feb. 19) that it may be forced to put off some investments in 2019 as it contends...

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In China, Some Banks Shy Away From Letting Cards Max Out
In China, Some Banks Shy Away From Letting Cards Max Out
February 18, 2019  |  Regulation

In China, Reuters reports that banks have resisted “maxing” out their credit card business, eyeing consumer spending and the fact that credit card lending has...

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