China Tech
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September 25, 2017
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Weekly news and insights about startups and innovations happening in China.
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Bloomberg
Amazon.com Inc. is hiring by the hundreds in China to fill jobs ranging from internet software engineers to designers for Alexa, positioning the company to recoup some of the market share it lost to Alibaba Group Holding Ltd. in the world’s largest online shopping arena.
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Shawn Donnan
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FT
Washington steps up moves to tackle Beijing over intellectual property regime.
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Lulu Yilun Chen and Cathy Chan
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Bloomberg
Tencent Holdings Ltd., China’s largest social media firm, is entering the traditional finance industry by investing in CICC International Capital Corp., a move that may help the investment bank’s expansion in wealth management.
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Sijia Jiang, Jeremy Wagstaff
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Reuters
Apple last week unveiled new iPhones with wireless charging, an edge-to-edge screen and dual cameras - all features already widely available in phones from China’s Huawei and Oppo, and Samsung Electronics.
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Dannie Li
Alipay, or Ant Financial, the finance affiliate of Alibaba, has been accelerating its pace expanding overseas, especially after entering into 2017.I did some research, sorting out the steps of its foray into foreign markets, to look into the reasons why China’s mobile payment giants are aggressively venturing out and the main strategies they have taken to build their position outside of China.
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