Placards on a seafood stall show various non-cash ways to pay which include Unionpay cards, and QR codes of Wechat and Alipay at a market in Beijing, China, 11 April 2016. China's consumer prices remain strong in March, driven mainly by rising vegetable and pork prices. The consumer price index (CPI), a main gauge of inflation, was at 2.3 per cent in March, according to the National Bureau of Statistics on 11 April 2016. Photo: EPA

Third-quarter funding for China’s fintech hits a speed bump as state tightened reins on capital outflow

Online finance providers Dianrong and Shenzhen Suishou Technology each raised funding in the US$200-million range, topping fintech deals in Asia

Topic |   Fintech

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Placards on a seafood stall show various non-cash ways to pay which include Unionpay cards, and QR codes of Wechat and Alipay at a market in Beijing, China, 11 April 2016. China's consumer prices remain strong in March, driven mainly by rising vegetable and pork prices. The consumer price index (CPI), a main gauge of inflation, was at 2.3 per cent in March, according to the National Bureau of Statistics on 11 April 2016. Photo: EPA
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