Name: China's Ant Group to Partner With State Firms
Uploaded: 2021-06-30T04:57:56.000Z
Description: The Chinese Communist Party could potentially monitor more than a billion people's financial data. That's because Jack Ma's financial technology giant Ant Group is preparing to start a credit-scoring company—with Chinese state-owned enterprises. The two sides are currently talking, and they are likely to form a joint venture.

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The Chinese Communist Party could potentially monitor more than a billion people's financial data. That's because Jack Ma's financial technology giant Ant Group is preparing to start a credit-scoring company—with Chinese state-owned enterprises. The two sides are currently talking, and they are likely to form a joint venture.

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