China’s Ant Financial Services Group created the world’s largest money-market fund in just a few years before being forced to scale it back.
Now, it is worried about losing too many investors.
Ant’s flagship money-market fund, Tianhong Yu’e Bao, shrank by more than a third last year after Chinese regulators became concerned about...
https://www.economist.com/leaders/2019/02/21/the-struggle-to-reform-chinas-economy For the past two weeks Chinese and American negotiators have been locked in talks in Beijing and Washington to end their trade conflict before the deadline of March 1st, when America will ratchet up tariffs on Chinese goods or, perhaps, let the talks stretch into extra time. Don’t be distracted by mind-numbing details on soyabean […]
