Ant’s deceptive branding, conflicts of interest, and predatory lending behavior fostered a vicious cycle that called for state intervention.
Read the article by Nan Li and John Darwin Van Fleet: https://thechinaproject.com/2021/05/18/ants-road-to-redemption-how-the-fintech-giant-can-save-itself/
Narrated by Kaiser Kuo.
China Stories are published twice weekly, on Tuesday and Friday. Subscribe to the podcast on Spotify and Apple Podcasts.
