InvestmentsTop Global NewsMarketsReal Estate PayPal becomes first foreign firm in China with full ownership of payments business By financialnews_rlv83x - January 14, 2021 0 223 PayPal Holding Inc has become the first foreign operator with 100per cent control of a payment platform in China, according to Chinese government data, as the U.S. fintech giant eyes a bigger foothold in a booming market for online payments.