Jack Ma had it right about Ant Group and China's bank rules

Sure, we can argue about capital buffers and all the post-global financial crisis accords. Fintech players shouldn’t be allowed to run wild. But though Ant is large, which worries regulators, it’s not China’s biggest problem. The focus should be less on size and more on lending practices, borrowers and recovery methods.

from News-Economic Times https://ift.tt/2U0Nseh