China fines Alibaba and Tencent over payments systems
Financial Times
2019-03-08
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China tech groups Alibaba and Tencent have been caught up in Beijing’s war on capital flight, with both facing fines for breaches of cross-border foreign exchange payments.
Footage by Reuters. Edited by Trixia Abao.
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China tech groups Alibaba and Tencent have been caught up in Beijing’s war on capital flight, with both facing fines for breaches of cross-border foreign exchange payments.
Footage by Reuters. Edited by Trixia Abao.
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
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