China lays out ‘rectification’ plan for Jack Ma’s fintech empire Ant

What a whirlwind holiday for Jack Ma and his fintech empire. The People’s Bank of China, the country’s central bank, summoned Ant Group for regulatory talks on December 26th, announcing a sweeping plan for the fintech firm to “rectify” its regulatory violations. The meeting came less than two months after China’s financial authorities abruptly halted […]

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