Tighter China Rules to Spawn Unwieldy Fintech Behemoths

China’s steps to tighten regulation will likely force fintechs to build the world’s largest financial crime operations – if they haven’t started already.
— Read on www.finews.asia/finance/34516-china-rules-fintech-alibaba-jack-ma

The vanishing billionaire: how Jack Ma fell foul of Xi Jinping | Financial Times

Alibaba founder’s dramatic rise and fall illustrates China’s wary embrace of tycoons who power economic growth
— Read on www.ft.com/content/1fe0559f-de6d-490e-b312-abba0181da1f