Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech
PYMNTS
DECEMBER 28, 2020
The news agency said that while Pan stopped short of calling for Ant’s breakup, officials want the firm to set up a separate holding company to ensure its capital adequacy and regulatory compliance. Will Chinese Authorities Force Ant To Restructure? . As such, Yu believes Ant could require a restructuring to defuse systemic risk.
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