Four Things to Know About Threats to China’s Payment Giants (Caixin)

Now, after a virtually unfettered decade-long boom, Alipay and WeChat Pay face sweeping regulatory changes to crimp their dominance, build a more level playing field for competitors and control potential risks. But the rules aren’t just aimed at these two players. They aim to tighten oversight of all nonbank institutions operating in the payments sector. READ MORE

Similar Posts:

• China Deleveraging Pain Puts Investors on Contagion Alert (Bloomberg)
• Emerging & Global Markets Catch Up With Reality (Krane Shares)
• Brutal Competition Batters Supermarket Stocks the World Over (The Guardian)
• The Renminbi’s Creeping Internationalisation (BNP Paribas)
• Korea & Taiwan Use Renminbi for Majority of Payments with China & Hong Kong (The Asset)
• No Improvement in Asia Pacific Corporate Payments in 2015 (Coface)
• China and Green Energy Drive Copper Prices to Record High (Nikkei Asia)
• Macau Casino Stocks are Entering a “Multi-year Earnings Decline Cycle” (GGRAsia)
• China Self-driving Sector Shifts Into Top Gear (The Asset)
• China’s Ant Eyes Southeast Asia e-Payment Dominance with IPO (Nikkei Asian Review)
• Renminbi’s Share of Global Payments Falls (The Asset)
• China is No Longer Just Any Emerging Market — It Has Become Its Own Beast (CNBC)
• Why Mexico is Missing its Chance to Profit From US-China Decoupling (FT)
• Three Scenarios for the Future of US-China Trade Tensions (NN Investment Partners)
• Fidelity China Special Sits Trust: Four China Investment Themes (FE Trustnet)