PayPal to launch a local wallet in China focused on cross-border payments; PayPal is the first foreign firm with 100% ownership of a payments platform in China (Arjun Kharpal/CNBC)

PayPal to launch an area pockets in China targeted on cross-border funds; PayPal is the primary overseas agency with 100% possession of a funds platform in China — – PayPal plans to arrange an area pockets in China targeted on cross-border funds. — In January, the U.S. fintech grew to become …