China’s Banking Giants Try to Snatch Share of Mobile Payments

BEIJING—China’s financial giants are lumbering into the country’s increasingly important mobile-payments market, hoping to shake the domination of nimble tech firms such as Alibaba Group Holding Ltd. affiliate Ant Financial and Tencent Holdings Ltd ... ( read original story ...)

China faces a rock and a hard place amid yuan volatility

China's central bank does not allow the currency to move more ... Chinese regulators introduced new rules, which will take effect in July, requiring financial institutions on the mainland to report domestic and overseas cash transactions of more than ... ( read original story ...)

AGCO bets big on China

One of the world’s largest farm equipment manufacturers is predicting a bright future in China, and it is putting its money behind that belief. AGCO, parent company of well-known brands Massey Ferguson, Fendt, Valtra, GSI, and Challenger, has opened a ... ( read original story ...)

China's R&D spending estimated to reach 2.1 pct of GDP in 2016

BEIJING, Jan. 10 (Xinhua) -- China's investment in research and development (R&D) is expected to reach 1.54 trillion yuan (around 223 billion U.S. dollars) in 2016, accounting for 2.1 percent of GDP, according to Science and Technology Minister Wan Gang. ( read original story ...)

China Poised to Dominate Fintech and Blockchain Markets in 2017

But interest has been escalating, partly fuelled by the second Global Blockchain Summit held in September 2016 in Shanghai and China’s Ministry of Industry and Information Technology has also organised a special government-industry working group to ... ( read original story ...)

Why China is still saying no to Pokémon Go

January 10, 2017 China—Despite vast enthusiasm and anticipation, Chinese smartphone users are unlikely to meet “Pokémon Go” any time soon. China’s state censor said Tuesday Nintendo’s hit smartphone app and other augmented reality games carry ... ( read original story ...)