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.

Trade Disputes Make Long-Lasting Mark On Global Supply Chains

Trade Disputes Make Long-Lasting Mark On Global Supply Chains
Trade Disputes Make Long-Lasting Mark On Global Supply Chains
April 18, 2019  |  B2B Payments

While the U.S. and China continue the tedious process of smoothing out trade tensions, possible new trade disputes are emerging between the U.S. and Europe,...

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Amazon To Shutter China Marketplace
Amazon To Shutter China Marketplace
April 18, 2019  |  Amazon

Amazon is set to shut down its domestic marketplace in China by mid-July. Citing people familiar with the matter, Reuters reported that the eCommerce giant...

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Alibaba Presses The Gas Pedal On Connected Car Apps
Alibaba Presses The Gas Pedal On Connected Car Apps
April 17, 2019  |  Connected Economy

Even in the glory days of manual transmissions and leaded gasoline, driving was never just about driving, about getting from one point to another. Driving...

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Ant Financial’s Health Plan Has More Than 50M Participants
Ant Financial’s Health Plan Has More Than 50M Participants
April 12, 2019  |  Healthcare

Ant Financial Services Group, the payment affiliate of Alibaba, launched a health aid plan in China that has landed more than 50 million users. Get...

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Nonbank Lending Hits $52T, With US Assets At $15T
Nonbank Lending Hits $52T, With US Assets At $15T
April 12, 2019  |  Cross-border Payments

Nonbank lending – also known as “shadow banking” – has seen its assets hit $52 trillion, despite the fact that the sector poses significant risks....

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Uber Rival Didi Debuts FinServ For Car Lease Firms
Uber Rival Didi Debuts FinServ For Car Lease Firms
April 11, 2019  |  Ridesharing

Chinese ridesharing company Didi Chuxing is diversifying its business amid massive regulatory changes in China that make it harder for riders to work for the...

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Ant’s Xiang Hu Bao Brings In 50M Users; Bristol Leads UK In Contactless Payments
Ant’s Xiang Hu Bao Brings In 50M Users; Bristol Leads UK In Contactless Payments
April 11, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes a ranking that shows Bristol as the top city for...

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Bitcoin Price Seems Mute To China’s Mining Crackdown
Bitcoin Price Seems Mute To China’s Mining Crackdown
April 10, 2019  |  Legal & Regulation

Bitcoin is up as much as 25 percent since the news came during the past week that China might look to ban bitcoin mining. Get...

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