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Excuse Me! How To Regulate Micropayments?

In China, you know something has become big when the government starts worrying about how to regulate it. (Come to think of it, that’s the way it is with most governments, not just China’s.) China’s central bank, the People’s Bank of China, has asked the Finance Department of People’s University in Beijing to come up [...]

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What’s Wrong with C2C?

Yesterday, Twitterdom in China was on fire with the news, first published on TechCrunch, that Facebook clone Xiaonei had raised US$430M from Softbank, which is huge, even by current Web 2.0 bubble standards. Immediately on Twitter, there was almost an uproar, especially from users in Taiwan, who said that it was ridiculous that a Facebook [...]

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