>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
China will step up its antitrust investigations into the mobile payment sector, which has been dominated by a few private financial technology firms, despite the progress made last year, a deputy governor of the central bank said.
“The antitrust actions in the payment sector need to deepen,” Fan Yifei said at the China Payment and Clearing Forum in Beijing. “The central bank will persistently urge platform companies to rectify their payment businesses.”
Mobile payments are one of the most visible parts in China’s fast-growing digital economy, which rose by 9.6 per cent . . .
Sign In or Subscribe To Get Full Access.
Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.
Follow China Market In The Most Efficient Way!
We offer limited-time welcome discount to let more people experience the value of our exceptional services. Don't Miss Out - Grab it!
Sign Up For Free Weekly China Market Highlights HERE!