Why China’s central bank leads antitrust drive and how this may affect Alipay, WeChat Pay

The People’s Bank of China (PBOC), the country’s central bank, has never been a major driver of domestic antitrust measures; its tasks involve carrying out monetary policy and regulating financial institutions. It has had no public record of being invo…

The People’s Bank of China (PBOC), the country’s central bank, has never been a major driver of domestic antitrust measures; its tasks involve carrying out monetary policy and regulating financial institutions. It has had no public record of being involved in any antitrust lawsuit or investigation since the country’s antitrust law came into effect in August 2008. The PBOC, however, is now flexing its regulatory muscle, putting “nonbank payment institutions” on notice that it could wield…

This post was originally published on South China Morning Post.


Print Share Comment Cite Upload Translate
APA
Josh Ye,Xinmei Shen,Coco Feng,Jane Zhang | radiofree.asia (2021-10-26T23:56:01+00:00) » Why China’s central bank leads antitrust drive and how this may affect Alipay, WeChat Pay. Retrieved from https://radiofree.asia/2021/01/22/why-chinas-central-bank-leads-antitrust-drive-and-how-this-may-affect-alipay-wechat-pay/.
MLA
" » Why China’s central bank leads antitrust drive and how this may affect Alipay, WeChat Pay." Josh Ye,Xinmei Shen,Coco Feng,Jane Zhang | radiofree.asia - Friday January 22, 2021, https://radiofree.asia/2021/01/22/why-chinas-central-bank-leads-antitrust-drive-and-how-this-may-affect-alipay-wechat-pay/
HARVARD
Josh Ye,Xinmei Shen,Coco Feng,Jane Zhang | radiofree.asia Friday January 22, 2021 » Why China’s central bank leads antitrust drive and how this may affect Alipay, WeChat Pay., viewed 2021-10-26T23:56:01+00:00,<https://radiofree.asia/2021/01/22/why-chinas-central-bank-leads-antitrust-drive-and-how-this-may-affect-alipay-wechat-pay/>
VANCOUVER
Josh Ye,Xinmei Shen,Coco Feng,Jane Zhang | radiofree.asia - » Why China’s central bank leads antitrust drive and how this may affect Alipay, WeChat Pay. [Internet]. [Accessed 2021-10-26T23:56:01+00:00]. Available from: https://radiofree.asia/2021/01/22/why-chinas-central-bank-leads-antitrust-drive-and-how-this-may-affect-alipay-wechat-pay/
CHICAGO
" » Why China’s central bank leads antitrust drive and how this may affect Alipay, WeChat Pay." Josh Ye,Xinmei Shen,Coco Feng,Jane Zhang | radiofree.asia - Accessed 2021-10-26T23:56:01+00:00. https://radiofree.asia/2021/01/22/why-chinas-central-bank-leads-antitrust-drive-and-how-this-may-affect-alipay-wechat-pay/
IEEE
" » Why China’s central bank leads antitrust drive and how this may affect Alipay, WeChat Pay." Josh Ye,Xinmei Shen,Coco Feng,Jane Zhang | radiofree.asia [Online]. Available: https://radiofree.asia/2021/01/22/why-chinas-central-bank-leads-antitrust-drive-and-how-this-may-affect-alipay-wechat-pay/. [Accessed: 2021-10-26T23:56:01+00:00]
rf:citation
» Why China’s central bank leads antitrust drive and how this may affect Alipay, WeChat Pay | Josh Ye,Xinmei Shen,Coco Feng,Jane Zhang | radiofree.asia | https://radiofree.asia/2021/01/22/why-chinas-central-bank-leads-antitrust-drive-and-how-this-may-affect-alipay-wechat-pay/ | 2021-10-26T23:56:01+00:00
To access this feature you must login or create an account.



A Free News Initiative

Investigative Journalism for People, Not Profits.

Discussion