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4min chapter
China's Anti-Monopoly Moment
ChinaTalk
A Angela, Let's Take It to the Present Day
Ant operates kind ofline the bank, but it's not exactly miss bank. It doesn't need to fulfil this kind of strict capital reserve requirements like a bank. Regulators become very nervous about this huge bubble that is creating by the ipo. And i think jatma's famous speech in shan ha just gave the regulator this opening to tackle this problem.
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