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Friday, January 5, 2018

Code crackdown: China payments restrictions to hit profits

  Mian Adeel Soomro       Friday, January 5, 2018
BEIJING (Reuters) - A decision by China's central bank to rein in reserve funds held by payment firms could cost the industry upwards of $689 million a year, spur consolidation and alter the way Asia's biggest tech firms move money.


from Reuters: Business News http://ift.tt/2EZuKLt
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