Beijing’s Grip on Internet Finance Is Tightening

The days of laissez-faire are numbered for financial technology companies in China. For more than a decade, entrepreneurs like Alibaba and Tencent have had freedom to innovate and run vast networks of new internet-enabled business models, taking advantage of a regulation-free environment or circumventing regulations that existed. But in the last few months, China’s government … http://bit.ly/2n3HbOV

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