China Vows Oversight of Fintech, Financial Holding Firms
- China to toughen anti-monopoly crackdown this year: Premier Li
- China explores “deviation correction” for financial products
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China plans to step up oversight of financial holding companies and the nation’s booming fintech industry, Premier Li Keqiang said, setting the tone for closer scrutiny over the next five years of behemoths including Jack Ma’s Ant Group Co.