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Why is China targeting payment systems?

China’s tech regulation has continued to heat up as the nation’s regulatory body is now targeting payment systems. We explain the move and position it in the context of the country’s growing wave of antitrust action. Meanwhile, AstraZeneca is looking to break out across the Atlantic as it prepares to file its vaccine for US approval. Plus, the latest round goes to Amazon in the legal fight over a $10 billion United States defense cloud computing contract.

Why is China targeting payment systems?
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.