New Investment Platforms Raise Questions for China’s Banking System
March 06, 2014 at 07:33 AM EST
The growth of large online investment platforms has captured the attention of Chinese authorities in recent months. Non-state enterprises such as Alibaba Group Holding Ltd., which runs the e-commerce website Taobao, and Tencent Holdings Ltd., a social media conglomerate that runs the popular WeChat online messaging program, are an emerging force in China’s financial system. […] View the full post at: New Investment Platforms Raise Questions for China’s Banking System Related posts: China May Raise The Ceiling On Foreign Investment Banking: So Many Questions and So Much Uncertainty New FDIC Rules For Banking Industry