China orders Alibaba founder Jack Ma to pare down fintech empire
www.theguardian.com
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Central bank says Ant Group governance is unsound and tells it to rectify ‘illegal activities’
ufra
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2Y

We will enlarge the scope and magnitude of opening up for win-win collaboration …

sounds like they were trained by WeWork HR.

This is an interesting development and could raise the pressure on other tech giants if they no longer have an excuse that they are competing with enormous state-backed monopolies.

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