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buy apple developer account:China orders Ant Group to return to online payment roots

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Ant Group has been ordered by regulators to drastically change its business model and return to its roots as a payment services provider. – EPA pic, December 28, 2020. CHINESE fintech giant Ant Group has been ordered by regulators to drastically change its business model and return to its roots as a payment services provider, as the state squeeze continues on the once unbridled empire of tech tycoon Jack Ma.China’s central bank summoned Ant executives over the weekend and demanded the company “strictly rectify” its lending, insurance and wealth management services, according to a statement released yesterday.
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