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Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech 

PYMNTS

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Will Chinese Authorities Force Ant To Restructure? . As such, Yu believes Ant could require a restructuring to defuse systemic risk.

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China’s Ant Group Mulling Creation Of New Consumer Loan Unit

PYMNTS

While it is still unclear to what degree the Chinese government will try to control Ant’s booming loan business, the company will likely have to meet higher capital requirements, even with a restructuring of its consumer loan business. Bloomberg said other backers of the new consumer unit include Nanyang Commercial Bank Ltd.,

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Michael Hudson: Germany’s Position in America’s New World Order

CFO News Room

banking and financial system. Germany in particular was expected to take the lead in investing in Russia and restructuring its industry along more efficient lines. The trick is to try and convince Germany that it is dependent on the United States for its military security. supplies of LNG.

Economics 100