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 Didi Chuxing Lands $300 Million For Driverless Cars
China’s Didi Chuxing Lands $300 Million For Driverless Cars
January 28, 2021  |  Investments

Chinese ride-hailing giant Didi Chuxing has raised $300 million for its autonomous driving unit, adding to the $500 million the company raised in May, according...

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Ant Group’s IPO Green Light Comes With Speed Bumps Ahead 
Ant Group’s IPO Green Light Comes With Speed Bumps Ahead 
January 27, 2021  |  IPO

Green light for an IPO – but speed bumps on the road ahead. The on/off status of Ant Group’s initial public offering seems switched, now,...

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Chinese Regulators Demand Jack Ma Restructure Ant Into Financial Holding Firm
Chinese Regulators Demand Jack Ma Restructure Ant Into Financial Holding Firm
January 27, 2021  |  Regulation

Responding to pressure from Chinese finance regulators, Jack Ma will restructure Ant Group into a financial holding company, The Wall Street Journal reported on Wednesday...

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China’s Xi Calls For Greater Economic Policy Coordination For G20
China’s Xi Calls For Greater Economic Policy Coordination For G20
January 25, 2021  |  International

In his first speech since U.S. President Joe Biden took office, China President Xi Jinping gave a 25-minute address at the virtual World Economic Forum...

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Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas
Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas
January 22, 2021  |  Investments

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Investors in the latest...

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In China And US, Differing Approaches To Antitrust And Tech Firms’ Market Power 
In China And US, Differing Approaches To Antitrust And Tech Firms’ Market Power 
January 22, 2021  |  ANTITRUST

For Big Tech, and for FinTechs, the regulatory landscape is shifting — and the barrage of new rules and regulations comes from all sides. That’s...

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Free Crypto: Shenzhen Plans Third Digital Yuan Pilot, Giving Away $3 Million
Free Crypto: Shenzhen Plans Third Digital Yuan Pilot, Giving Away $3 Million
January 21, 2021  |  International

Shenzhen will be continuing China’s digital yuan pilot program by issuing the digital currency to citizens, according to a report from XinhuaNet. There will be...

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Today In Payments: Jack Ma In First Public Appearance Since Ant IPO Pulled; New PPP Extends $5 Billion During First Week
Today In Payments: Jack Ma In First Public Appearance Since Ant IPO Pulled; New PPP...
January 20, 2021  |  News

In today’s top news, Jack Ma made his first appearance in three months to speak to rural teachers in China, and the new round of...

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WeTrade Platform’s Nasdaq Transfer From OTC Could Raise $121 Million
WeTrade Platform’s Nasdaq Transfer From OTC Could Raise $121 Million
January 20, 2021  |  Investments

The Chinese eCommerce services startup WeTrade Group is looking to raise about $121 million in its transfer from the OTC board to Nasdaq, according to...

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