News Snapshot:
China summons internet firms to warn over unfair competition Share Tech investment Financial regulators in China summoned 13 internet companies to call for changes to their fintech operations. Those summoned by financial regulators again included Tencent and TikTok parent ByteDance, according to a notice on the Chinese central bank's website. The financial regulators present included the People's Bank of China, which is the country's central bank, as well as the country's banking and insurance regulator. Financial regulators in China summoned 13 internet companies this week to call for changes to their fintech operations, the central bank said in a notice,...
