China's Financial Industry Firms Redo Plans, Funding In Wake Of More Oversight
PYMNTS
NOVEMBER 26, 2020
With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. Earlier this month, China debuted drafts for new rules for eCommerce companies, with the goal of trying to cut down on monopolistic power, PYMNTS reported.
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