Thursday, April 29, 2021

Beijing warns fintech firms against anti-monopoly behavior


HONG KONG (AP) — Chinese financial regulators have summoned 13 companies engaged in online finance services, including Tencent and Bytedance, and told them to strengthen anti-monopoly measures. The regulators, which include the People’s Bank of China (PBOC) and China’s securities and banking regulators, said in a statement Thursday that they had summoned companies including Xiaomi’s […]

source https://www.seattletimes.com/business/beijing-warns-fintech-firms-against-anti-monopoly-behavior/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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