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.

China’s Digital Yuan Captures $8.3B in Payments Over 6 Months
China’s Digital Yuan Captures $8.3B in Payments Over 6 Months
January 18, 2022  |  CBDC

China’s digital yuan trials captured $8.3 billion of the country’s payments market in the past six months and $13.68 billion in the past two years,...

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Shopify and JD.com Roll Out eCommerce Market for Merchants
Shopify and JD.com Roll Out eCommerce Market for Merchants
January 18, 2022  |  eCommerce

Shopify and JD.com on Tuesday (Jan. 18) announced that they have created a strategic partnership that they say will make it easier for U.S. merchants...

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High COVID-19 Alert in China Ahead of Lunar New Year
High COVID-19 Alert in China Ahead of Lunar New Year
January 17, 2022  |  Coronavirus

Several Chinese cities cranked up their COVID-19 alert levels to high ahead of the Lunar New Year on Feb. 1, with the travel season related...

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China Is Building Its Own NFT Behind the Great Firewall
China Is Building Its Own NFT Behind the Great Firewall
January 14, 2022  |  Blockchain

Nonfungible tokens (NFTs) are so hot, China can’t ignore them anymore. So, it’s building a more controllable platform for digital collectables. And only the digital...

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PBOC Puts Limits on Commercial Financing
PBOC Puts Limits on Commercial Financing
January 14, 2022  |  International

The People’s Bank of China (PBOC) has published new rules designed to place a cap on bank’s commercial financing operations, while also bolstering risk management...

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PBOC Has Open Banking, Supervision, Regulation on 2022-2025 FinTech Agenda
PBOC Has Open Banking, Supervision, Regulation on 2022-2025 FinTech Agenda
January 10, 2022  |  International

On Friday (Jan. 7), the People’s Bank of China released its Financial Science and Technology Plan for 2022-2025, which aims to support the growth of...

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Chinese Regulators Going After Algorithms, Big Tech’s Secret Sauce
Chinese Regulators Going After Algorithms, Big Tech’s Secret Sauce
January 07, 2022  |  Regulation

Most companies bank on their secret sauce setting them apart from the competition and bringing about customer loyalty. For technology giants, that secret sauce comes...

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Tuhu Online Car Services Launching IPO in Hong Kong
Tuhu Online Car Services Launching IPO in Hong Kong
January 06, 2022  |  IPO

Tuhu, a Chinese online car services platform backed by Goldman Sachs Group Inc. and Tencent Holdings Ltd. among other investors, is relocating its initial public...

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Chinese Payments Giant WeChat to Accept Digital Yuan 
Chinese Payments Giant WeChat to Accept Digital Yuan 
January 06, 2022  |  CBDC

China’s largest messaging app says it will begin accepting the country’s digital yuan.  According to media reports Thursday (Jan. 6), Tencent Holdings’ WeChat, which numbers...

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