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 Tightens Financial Regulations In Advance Of Ant IPO
China Tightens Financial Regulations In Advance Of Ant IPO
September 03, 2020  |  Regulation

Days after one of the world’s highest-valued FinTech conglomerates filed to go public, Chinese regulators are increasing scrutiny of non-bank financial companies. Get the Full...

READ MORE >
Potential TikTok Buyers Look At Options Despite Chinese Regulations
Potential TikTok Buyers Look At Options Despite Chinese Regulations
September 02, 2020  |  Partnerships / Acquisitions

Prospective buyers of video-sharing service TikTok want to see ways to quickly acquire the app from parent ByteDance, with one option being buying the U.S....

READ MORE >
Luxury Goods Sparkle In Retail Comeback
Luxury Goods Sparkle In Retail Comeback
September 02, 2020  |  Retail

Luxury goods are making a comeback in retail as seen through results from Tiffany & Co. and Movado as well as promising signs from department...

READ MORE >
Bitcoin Daily: Bermuda Eyes Digital Stimulus Token Program; China’s Digital Yuan Might Include A Traceable Wallet Feature
Bitcoin Daily: Bermuda Eyes Digital Stimulus Token Program; China’s Digital Yuan Might Include A Traceable...
September 01, 2020  |  Bitcoin

The Bermuda government is working on a plan to roll out a digital stimulus token to help residents and vendors, The Royal Gazette reported. Get...

READ MORE >
Chinese Consumers Resume Buying Luxury Brands
Chinese Consumers Resume Buying Luxury Brands
September 01, 2020  |  International

Chinese consumers who have the money to spend are doing exactly that on retail splurges — but that hasn’t translated evenly across all sectors of...

READ MORE >
TikTok Sale Stalls Over Algorithm Uncertainty
TikTok Sale Stalls Over Algorithm Uncertainty
September 01, 2020  |  Partnerships / Acquisitions

After China created new limitations on the export of artificial intelligence (AI) technology, a potential deal for TikTok’s American operations is facing a hurdle as...

READ MORE >
Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation
Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation
August 31, 2020  |  B2B Payments

Dignari Capital has agreed to provide $50 million to Sheng Ye (SY) Capital in a strategic collaboration to explore new supply chain finance options for...

READ MORE >
Today In Payments: Bank Deposits Up As Consumers Hoard Cash; Bank Job Cuts Are Predicted
Today In Payments: Bank Deposits Up As Consumers Hoard Cash; Bank Job Cuts Are Predicted
August 31, 2020  |  News

In today’s top news, banks are flooded with cash as consumers hoard money, and banks are expected to cut personnel. Plus, China’s new regulations could...

READ MORE >
China’s Banks Lost Billions In Defaulted Loans, Set Aside Cash For More
China’s Banks Lost Billions In Defaulted Loans, Set Aside Cash For More
August 31, 2020  |  Loans

Five of China’s largest state-owned lenders reported their biggest profit losses in at least a decade, as the number of defaulted loans has skyrocketed since the onset...

READ MORE >