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Fortune (January 23)

2017/ 01/ 25 by jd in Global News

China’s investment in financial technology (fintech) has surged ahead of North America’s, accounting for “more than half of all fintech investments globally in the first nine months of last year…. Specifically in terms of venture capital, the country more than doubled its worldwide share of the investment category, rising to 46% of the global total versus just 19% the same period in 2015.” In contrast, the U.S. dropped from 56% to 41%.

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