Logo 23 Nov 2022

Don’t hold your breath

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Trivium Tech keeps you briefed on the latest developments in China tech policy.

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On Wednesday, Reuters reported that China’s central bank (PBoC) is considering slapping Ant with a USD 1 billion fine.
Recap: Since Ant’s IPO was pulled in November 2020, the fintech giant has been busy restructuring several of its businesses to reduce financial risk.

According to Reuter's sources...