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This article was written by Amit Ben-Yehoshua, senior counsel at the Shanghai branch of Dentons and arbitrator for China’s largest international arbitration commission – CIETAC.
The Chinese economy has been undergoing far-reaching changes recently, trying to build future power based on the services sector. Therefore, more and more is being said about investment in innovation – especially in the financial technology (fintech) niche.
In the case of the Middle Kingdom, the main representatives of the industry are companies associated with payments, big data analysis, cyber security, platforms and applications directed to entities representing the financial world.