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
from Reuters: Business News http://ift.tt/2EZuKLt
Code crackdown: China payments restrictions to hit profits
![Code crackdown: China payments restrictions to hit profits]()
Reviewed by Tha Kur
on
January 04, 2018
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