
HONG KONG -- China will support only those financial technology businesses that benefit the real economy, a top regulator says, as the government becomes more cautious about the financial risks encouraged by the fast-growing sector.
Government signals only conditional support for booming sector
HONG KONG -- China will support only those financial technology businesses that benefit the real economy, a top regulator says, as the government becomes more cautious about the financial risks encouraged by the fast-growing sector.
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