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China’s Central Bank Wants to Control Ant Group’s Data

By Juro Osawa
· · Source: The Financial Times

China’s central bank wants financial technology giant Ant Group to turn over its data to a state-controlled credit scoring company, the Financial Times reported, citing people close to the discussions. The credit scoring company would be run by former executives of the central bank, according to the FT. People’s Bank of China’s attempt to take control of data collected by Ant, whose...

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