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China’s Central Bank Proposes Antitrust Rules for Country’s Booming Online Payments Sector

Jan 21, 2021
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The People’s Bank of China has proposed tougher antitrust rules for companies in the non-bank payments industry, which may impact dominant players Alipay and WeChat pay. (Source: China News Service)

China’s central bank on Wednesday released a set of proposed guidelines to step up antitrust measures in the country’s booming online payments sector.

The P…

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