China leapfrogs UK, US to become undisputed global fintech hub

China leapfrogs UK, US to become undisputed global fintech hub

REUTERS/Aly Song

With fintech investments in China surging to $8.8 billion between July 2015 to June 2016 and a huge appetite of the domestic economy (GDP $10.9 trillion in 2015), China has leapfrogged ahead to become the undisputed global fintech hub.

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