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 Suggests Worldwide CBDC Rules
China Suggests Worldwide CBDC Rules
March 25, 2021  |  International

China has proposed global rules for how central bank digital currencies (CBDCs) should operate, Reuters reported. Get the Full Story Complete the form to unlock...

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China’s Central Bank: Digital Yuan Won’t Replace Alipay, WeChat Pay
China’s Central Bank: Digital Yuan Won’t Replace Alipay, WeChat Pay
March 25, 2021  |  Digital Payments

China’s central bank said that its planned digital yuan will not displace the payment services of the country’s big FinTech companies, including Ant Group’s Alipay...

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Tencent Unconcerned About New Regulatory Impacts
Tencent Unconcerned About New Regulatory Impacts
March 25, 2021  |  Bank Regulation

Tencent doesn’t expect a serious impact to its business if it folds its FinTech business into a financial holding company as recommended by regulators, Bloomberg...

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Dozens Of Chinese IPOs Pulled After Gov’t Clampdown On Market Regs
Dozens Of Chinese IPOs Pulled After Gov’t Clampdown On Market Regs
March 23, 2021  |  IPO

Chinese firms are looking to pull initial public offerings (IPOs) after regulators have moved to strengthen requirements to safeguard investors and protect financial stability, Bloomberg...

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China May Put Limits On Loan Facilitation
China May Put Limits On Loan Facilitation
March 23, 2021  |  Loans

Regulators in China are considering limits on so-called “loan facilitation,” a potential set-back for internet lenders, The Wall Street Journal reported Tuesday. Get the Full...

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Container Ships Still Stranded Off West Coast
Container Ships Still Stranded Off West Coast
March 21, 2021  |  International

U.S. businesses that import goods from China are struggling with shortages due to severe damage to supply chains that have yet to recover from COVID-19...

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Ride-Hailing Giant Didi Eyes IPO, Could Raise $9 Billion
Ride-Hailing Giant Didi Eyes IPO, Could Raise $9 Billion
March 19, 2021  |  News

Didi Chuxing Technology Co. is preparing for an initial public offering (IPO), Bloomberg reported on Friday (March 19), citing people familiar with the plans. An...

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Ant-Backed Chinese Robo Adviser BangNiTou Tops Million Users
Ant-Backed Chinese Robo Adviser BangNiTou Tops Million Users
March 18, 2021  |  International

BangNiTou, a robo-adviser service backed by Vanguard and Ant Group, has reached 1 million users, according to Bloomberg. Get the Full Story Complete the form...

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Today In Payments Around The World: Pollinate Notches $50 Million; The Rise Fund To Invest $200 Million In Airtel Africa’s Mobile Money Unit
Today In Payments Around The World: Pollinate Notches $50 Million; The Rise Fund To Invest...
March 18, 2021  |  International

In today’s top payments news around the world, Pollinate has notched $50 million to bring its software business to North America and develop its platform...

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