China’s7,500incubatorshavewitnessedthebirthofover220,000smallandmedium-sizedenterprisesoverthepastdecade,whichmakesthenationapromisinglandforinnovationcomparedt
ChinahasoutperformedIndiaandBritaintotoptheglobeforfinancialtechnology(fintech)usage,accordingtoareportbyErnstYoung(EY).Thecountry'sfintechadoptionratecameat69%
Financial technology experts are calling for better regulations in China and Hong Kong to help the industry thrive, especially since existing laws still lag behind the pace of innovation and technology.
Deloitte study places city three spots behind rival Singapore, but minister says results do not paint whole picture
China cemented its status as a world leader in financial technology services this year, claiming five of the top 10 spots in the annual list of the globe's leading fintech companies, compiled by UK-based advisory firm KPMG and Australian investment company H2 Ventures.
Perennial “frenemies” Singapore and Hong Kong have never shied away from an opportunity to slug it out – whether in the race to outdo each other as Asian hubs in finance, aviation or even street food.
Perennial “frenemies” Singapore and Hong Kong have never shied away from an opportunity to slug it out – whether in the race to outdo each other as Asian hubs in finance, aviation or even street food.
A general view of the skyline of the central business district in Singapore June 29, 2016. Picture taken June 29, 2016. REUTERS/Edgar Su
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