Estimated reading time: 0 minutes, 22 seconds

China Appears Ready to Thaw Out Thwarted Fintech Sector

Chinese President Xi Jinping signaled the country is planning to adopt a more nurturing role with respect to the fintech and payments sector. So reports Bloomberg.

The country had cracked down on the operations of larger, progressive companies like Ant Group Co., but a recent central commission meeting signaled that could be changing in the near future. New, enhanced regulations are expected to facilitate the “healthy” development of the space.  

Read the full article from Bloomberg.


Read 156 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.