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.

WeDoctor Cuts Jobs After IPO Delay
WeDoctor Cuts Jobs After IPO Delay
March 03, 2022  |  IPO

Chinese healthcare platform WeDoctor will lay off a large number of its workers after plans for an initial public offering (IPO) were put on hold....

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Russian Companies Scramble to Open Chinese Bank Accounts
Russian Companies Scramble to Open Chinese Bank Accounts
March 03, 2022  |  International

Russian companies are scrambling to open accounts with a Chinese state bank in Moscow as a way to escape international sanctions imposed following Russia’s invasion...

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EMEA Daily: China Will Sit Out Russia Sanctions; UK Regulator Bans Crypto Floki Inu Ad
EMEA Daily: China Will Sit Out Russia Sanctions; UK Regulator Bans Crypto Floki Inu Ad
March 02, 2022  |  International

In today’s top Europe, Middle East and Africa news, count China out of joining the West’s sanctions against Russia for its war on Ukraine, and...

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China Will Sit Out Russia Sanctions, Regulator Says
China Will Sit Out Russia Sanctions, Regulator Says
March 02, 2022  |  International

China is opposed to unilateral financial sanctions against Russia and will not join Western countries in imposing them, the head of the country’s banking and...

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Chinese B2B eCommerce Firm ICZoom Plans IPO
Chinese B2B eCommerce Firm ICZoom Plans IPO
March 01, 2022  |  IPO

Chinese B2B eCommerce platform ICZoom has filed to raise about $22 million through an initial public offering (IPO) in the U.S. As Seeking Alpha reported...

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China Court Rules Crypto Transactions ‘Illegal’; Violators Face 10 Years in Prison
China Court Rules Crypto Transactions ‘Illegal’; Violators Face 10 Years in Prison
February 24, 2022  |  Cryptocurrency

China’s Supreme Court this week set penalties for violating recent prohibitions against engaging in cryptocurrency transactions. Engaging in “illegal fundraising” — the Chinese government’s term...

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Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
February 23, 2022  |  Digital Banking

Several virtual banks have been gaining advantage in Hong Kong by luring consumers to leave brick-and-mortar lenders, The Wall Street Journal reported Wednesday (Feb. 23)....

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China’s Zhejiang Province Hikes Electric Rates for Crypto Miners
China’s Zhejiang Province Hikes Electric Rates for Crypto Miners
February 23, 2022  |  Cryptocurrency

The Chinese province of Zhejiang’s branch of the National Development and Reform Commission (NDRC) has said it will introduce punitive electricity prices for crypto miners,...

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Meituan Loses $26B in Value as Chinese Regulators Step In
Meituan Loses $26B in Value as Chinese Regulators Step In
February 20, 2022  |  Delivery

Meituan, the Chinese food delivery company, lost $26 billion in value as of Friday after regulators wanted to lower fees food platforms are charging restaurants,...

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