Antitrust Antitrust

Comment: Alibaba, Tencent face warning shot as China's central bank flags antitrust, data-privacy risks

By Yonnex Li
  • 03 Nov 2020 03:05
  • 03 Nov 2020 03:05
Chinese digital giants Alibaba, Tencent and Baidu should brace themselves for a regulatory turn in China. After years of rather relaxed regulation, the powerful People's Bank of China, the country's central bank, appears to be spearheading a change in its regulatory regime to take on these Internet-finance pioneers, waking up to the

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