China Central Bank Says Ant Is Working on Timetable for Overhaul
- PBOC says Ant is also ensuring business operations continue
- Regulators are in close contact with Ant’s special task force
This article is for subscribers only.
Sign up for Next China, a weekly email on where the nation stands now and where it's going next.
China’s central bank said Ant Group Co. is working on a timetable to overhaul its business while ensuring operations continue, offering little clue on how far the financial technology giant needs to go to assuage Beijing.