Business
China won’t stop slicing and dicing its fintech giants – Sydney Morning Herald
China’s crackdown shows no signs of slowing down and it appears determined to carve up and neuter what was once the most powerful…
Earlier this year, the authorities had directed Alibaba and Tencent to set up new holding companies for their financial services that could be supervised and regulated like more conventional financial institutions.
Beijings concern about the growth and…
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