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.

As Jack Ma Gives up Ant Control, the Super App Now ‘Belongs’ to the Government
As Jack Ma Gives up Ant Control, the Super App Now ‘Belongs’ to the Government
July 28, 2022  |  Connected Economy

The government gets the super app — at least in China — and a fulcrum upon which it can shape the nonbank financial services ecosystem....

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Billionaire Entrepreneur Jack Ma Could Relinquish Control of Ant
Billionaire Entrepreneur Jack Ma Could Relinquish Control of Ant
July 28, 2022  |  International

Billionaire Jack Ma, one of China’s most noted entrepreneurs, could be giving up control of Ant Group. This move would further separate the company from...

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Ant Group Execs Step Away From Alibaba Amid Probes in China
Ant Group Execs Step Away From Alibaba Amid Probes in China
July 26, 2022  |  Partnerships

Ant Group executives are stepping down as partners of affiliate company Alibaba as the two biggest tech firms in China seek distance from one another against a backdrop...

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China’s Tencent to Shut Down NFT Platform
China’s Tencent to Shut Down NFT Platform
July 22, 2022  |  Cryptocurrency

China’s Tencent Holdings is preparing to close down its year-old non-fungible token (NFT) platform, an apparent victim of a government ban on secondary digital collectible...

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ByteDance’s Valuation Drops 25% From Last Year to Under $300B
ByteDance’s Valuation Drops 25% From Last Year to Under $300B
July 20, 2022  |  Investments

ByteDance has traded in recent weeks at valuations beneath $300 billion, a 25% drop since last year, showing the strain tech companies are under in...

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iPhone Shipments Jump in China as Lockdowns End
iPhone Shipments Jump in China as Lockdowns End
July 20, 2022  |  Apple

Shipments of Apple’s iPhone rose in China last month, part of a rebound in smartphone sales following the end of the country’s COVID lockdown. As...

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Manolo Blahnik Can Sell Shoes in China After 22-Year Court Battle
Manolo Blahnik Can Sell Shoes in China After 22-Year Court Battle
July 19, 2022  |  Retail

British shoe designer Manolo Blahnik can sell its goods in China for the first time, after the country’s highest court canceled a trademark that had...

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Didi’s Fines Could Top $1B for Data Security Breaches in China
Didi’s Fines Could Top $1B for Data Security Breaches in China
July 19, 2022  |  Regulation

Ride-hailing and food delivery platform Didi could be hit with fines exceeding $1 billion following a probe by Chinese regulators that lasted over a year...

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LianLian Global Eyes Hong Kong IPO as it Seeks New Funding
LianLian Global Eyes Hong Kong IPO as it Seeks New Funding
July 12, 2022  |  IPO

Cross-border payments company LianLian Global could seek as much as 1.5 billion yuan ($223 million) as the Ant Group competitor eyes an initial public offering...

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