Jul 15 • 28M

🐜 No More Ants in their Pants

Markets and Investors React to Ant Financial Fine

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Andrew Methven
The Slow Chinese 每周漫闻 helps you learn, use, and understand Chinese language the way people speak it today.

Chinese authorities announced last Friday a 7.12 billion yuan (71.23亿元) fine for Ant Group, the fintech spin-off of internet giant Alibaba.

Equivalent to a whopping $984 million, this fine ends a year…

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