A draft regulation released by China's central bank that could limit transactions with third-party payment providers like Alipay to as little as 1,000 yuan (US$160) may wipe out smaller firms and force people to use state-owned bank services.
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16 Jul 2015
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China may launch a public consultation on regulating the country’s controversial private car hailing services, a mainland newspaper reported, underscoring the divisions that exist even among government officials.