Tech boom brings financial renaissance to China's banks

05/9/2014 | Reuters

China's financial sector is getting a bump from the billions of dollars of new tech money that is flooding into the country as young forward-thinking entrepreneurs look to capitalize on the nation's booming telecom and media sectors. "Technology globally is one of the key wealth drivers," said Mark Jansen of PricewaterhouseCoopers. "So it is not surprising we are seeing so much wealth being created in China given the size of the domestic market and surge in demand for everything through the digital space."

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