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.

Meituan Seeks $10 Billion To Compete In Chinese Grocery Wars

Meituan Seeks $10 Billion To Compete In Chinese Grocery Wars
Meituan Seeks $10 Billion To Compete In Chinese Grocery Wars
April 19, 2021  |  Retail

The Chinese delivery leader Meituan is aiming to raise roughly $10 billion to compete with companies like Alibaba. According to Bloomberg, Meituan is looking to...

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China Says Digital Yuan Will Focus On Domestic Usage
China Says Digital Yuan Will Focus On Domestic Usage
April 18, 2021  |  Cross-border Payments

China is expanding the trial of its digital yuan, but the currency should not be seen as a weapon against the U.S. dollar, central bank...

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Chinese Tech Platforms Have One Month To Step Up Antitrust Efforts
Chinese Tech Platforms Have One Month To Step Up Antitrust Efforts
April 13, 2021  |  ANTITRUST

After slapping Alibaba with record penalties last week, the Chinese government has warned 34 other digital technology firms to step up efforts to adhere to...

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Today In Payments Around The World: UK’s Darktrace Looks To Go Public; Huawei Wagers On Electric Cars
Today In Payments Around The World: UK’s Darktrace Looks To Go Public; Huawei Wagers On...
April 12, 2021  |  Cross-border Payments

In today’s top payments news around the world, Darktrace is intending to make its public debut on the London Stock Exchange, while Huawei is betting...

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Huawei Bets $1 Billion On Electric Car Market In China
Huawei Bets $1 Billion On Electric Car Market In China
April 12, 2021  |  Investments

Car companies around the world are speeding forward with their electric car programs. Now, Huawei Technologies Co. said it wants to take on market leader...

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For Alibaba, Antitrust Fine Means ‘Pay Up And Move On’ 
For Alibaba, Antitrust Fine Means ‘Pay Up And Move On’ 
April 12, 2021  |  ANTITRUST

For Alibaba, it may be a case of “pay up and move on.” The weekend brought a fine in the billions of dollars for the...

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Chinese Regulators Levy Record $2.8 Billion Fine On Alibaba
Chinese Regulators Levy Record $2.8 Billion Fine On Alibaba
April 11, 2021  |  ANTITRUST

Chinese authorities have fined Alibaba $2.75 billion for alleged antitrust violations, Reuters and other news agencies reported. Get the Full Story Complete the form to...

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Travel Makes Comeback In China: Will Spending Follow?
Travel Makes Comeback In China: Will Spending Follow?
April 06, 2021  |  Travel Payments

Travel in China made a strong comeback last weekend, a three-day weekend that marked the first national holiday since the government eased COVID-related travel restrictions....

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