Chinese consumers spent $750 billion online in 2016 — more than the US and the UK combined. But even more interesting is how differently China’s digital marketplace, technology platforms, and online behaviors have evolved compared with those in Western markets.
When a new hedge fund opened in Mountainside, New Jersey, few would have guessed where much of its funding came from: Chinese billionaire Cai Kui.
Huobi and OKCoin, two Chinese exchanges, now collectively account for some 92% of global trading in bitcoin.
U.S. hedge funds increased their holdings in Alibaba Group Holding Ltd. more than any other U.S-listed Chinese stock in the first quarter
Shadow banking activity continues to grow
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