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.

FundPark Gets $250 Million for Chinese Working Capital Projects
FundPark Gets $250 Million for Chinese Working Capital Projects
June 25, 2024  |  Startups

Hong Kong-based FinTech FundPark reportedly obtained a $250 million private loan led by HSBC. The loan is the second investment of this type FundPark has...

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Report: Shein Confidentially Files for IPO in London
Report: Shein Confidentially Files for IPO in London
June 24, 2024  |  IPO

Shein has reported confidentially filed for an initial public offering (IPO) in London. This move doesn’t necessarily mean the IPO will happen in London, as...

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Report: Shein Shifting IPO to UK Amid Pressures in US
Report: Shein Shifting IPO to UK Amid Pressures in US
June 21, 2024  |  Retail

Shein is reportedly facing numerous challenges in its pursuit of an initial public offering (IPO) in the United States. Tensions between China and the U.S....

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China Negotiating With Visa, Mastercard to Reduce Transaction Fees
China Negotiating With Visa, Mastercard to Reduce Transaction Fees
June 21, 2024  |  Credit Cards

China is reportedly negotiating with Visa, Mastercard and other global card issuers, seeking to reduce the fees they charge local merchants on foreign card transactions....

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Report: Huawei May Exempt WeChat From In-App Transaction Fees
Report: Huawei May Exempt WeChat From In-App Transaction Fees
June 19, 2024  |  Mobile Applications

Huawei is reportedly ready to let WeChat operate on Huawei’s mobile platform without sharing revenue. The deal, Bloomberg News reported Wednesday (June 19), would be...

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Tech Firms Tighten Staff Scrutiny Over China Spying Concerns
Tech Firms Tighten Staff Scrutiny Over China Spying Concerns
June 19, 2024  |  Technology

Companies in Silicon Valley are reportedly doing more staff vetting over concerns about Chinese espionage. As the Financial Times (FT) reported Wednesday (June 19), firms...

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China’s Huawei Mulls In-App Purchase Fees as it Challenges Apple
China’s Huawei Mulls In-App Purchase Fees as it Challenges Apple
June 18, 2024  |  Mobile Applications

Chinese smartphone-maker Huawei is reportedly considering levying in-app purchase fees on its operating system. That’s according to a report Tuesday (June 18) by Bloomberg News,...

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Yoox Net-A-Porter Exiting China, Focusing on More Profitable Markets
Yoox Net-A-Porter Exiting China, Focusing on More Profitable Markets
June 14, 2024  |  eCommerce

Yoox Net-A-Porter (YNAP) is reportedly exiting China amid weak consumer spending in that country. The Richemont-owned luxury eCommerce platform is moving to focus on its core and...

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Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic Slowdown
Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic Slowdown
June 14, 2024  |  Retail

Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese consumers. The price cuts reflect growing concerns...

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