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.

Report: TikTok Parent ByteDance Seeking $4B in Debt Financing
Report: TikTok Parent ByteDance Seeking $4B in Debt Financing
September 08, 2021  |  Loans

Chinese firm ByteDance, owner of video-driven social media sites TikTok and Douyin, is looking for roughly $4 billion in loans as its initial public offering...

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Amid Didi’s Regulatory Pressures, China Invests in Rival Mobility Platform
Amid Didi’s Regulatory Pressures, China Invests in Rival Mobility Platform
September 06, 2021  |  Ridesharing

Cao Cao Mobility, a ridesharing app, has reaped the benefits of investments from Chinese state investors as rival Didi sees itself mired in regulatory issues,...

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China Pushes for Increased Insurance Regulations
China Pushes for Increased Insurance Regulations
September 03, 2021  |  Regulation

China’s banking and insurance watchdog is looking to stiffen its oversight of insurance companies to limit financial risks and put out a draft guideline to...

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Ride-Hailing Company Didi Could Cede Control to City of Beijing
Ride-Hailing Company Didi Could Cede Control to City of Beijing
September 03, 2021  |  Regulation

On the heels of a crackdown on ride-hailing companies in China, Beijing’s local government has suggested investing in Didi Global Inc. to wrestle control away...

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Didi, Meituan Among 11 Ride-Hailing Firms Ordered To Fix Problems in China
Didi, Meituan Among 11 Ride-Hailing Firms Ordered To Fix Problems in China
September 02, 2021  |  Regulation

Unfair market practices are at the center of a new crackdown on ride-hailing companies in China, with the country’s Ministry of Transport and other watchdogs...

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TikTok Parent ByteDance Curtails FinTech Biz, Spins off Stock Trading Unit
TikTok Parent ByteDance Curtails FinTech Biz, Spins off Stock Trading Unit
September 02, 2021  |  Regulation

TikTok parent ByteDance is curtailing its FinTech operations and selling off its stock brokerage business as Chinese regulators continue to wield power over companies that...

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China to Send Banks Money for SMB Aid
China to Send Banks Money for SMB Aid
September 01, 2021  |  Loans

China’s central bank is planning to provide 300 billion yuan, or $46.4 billion, in low-cost funding to aid banks in providing support for small- and...

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China Regulators Cracking Down on Peer-to-Peer Sharing Economy
China Regulators Cracking Down on Peer-to-Peer Sharing Economy
August 30, 2021  |  Regulation

China’s State Administration of Market Regulation (SAMR) said on Monday (Aug. 30) that it plans to beef up its supervision of the country’s peer-to-peer (P2P)...

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China’s New Digital Double Standard Would Hobble Big Tech While Helping Itself To Data
China’s New Digital Double Standard Would Hobble Big Tech While Helping Itself To Data
August 30, 2021  |  Regulation

If data represents the “new oil,” as they say – powering the engines of commerce and media in China – one wonders what happens when...

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