China issues new anti-monopoly rules targeting its tech giants


China issues new anti-monopoly rules targeting its tech giants



The guidelines are expected to put new pressure on the country`s leading internet services, including e-commerce sites such as Alibaba Group`s Taobao and Tmall marketplaces or JD.com. They will also cover payment services like Ant Group`s Alipay or Tencent Holding`s WeChat Pay. 


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