China’s ICBC clamps down on Alibaba finance arm – Reuters
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China's ICBC clamps down on Alibaba finance arm
Reuters BEIJING, March 25 (Reuters) – Industrial and Commercial Bank of China Ltd (ICBC) will restrict trade with Alibaba's online payment arm to one branch, the bank said on Tuesday, in the country's latest crackdown on a nascent online finance industry … China Internet Finance, Cigarettes, Bitcoin: Compliance Internet finance to spur growth of China's insurance sector Regulating internet finance in China |
