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Welcome to China Business Now, a 3-minute digest of what happened in China’s business sector, presented by 21st Century Business Herald.
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Thursday Sep 30, 2021
Thursday Sep 30, 2021
China's months-long regulatory campaign targeting the tech sector is starting to see effects, as Alibaba has started allowing users to purchase items on some of its apps via WeChat Pay, the payments service run by its rival Tencent. Now regulators vow to “reboot” the industry, tearing down the walls to promote connectivity among different internet platforms, a move to protect users' rights and market competition.
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