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Billion dollar fine for China's Ant Group

The end of a long investigation in China brings a big fine for Alipay owner Ant Group - and hope that the government's clampdown on the country's tech sector has run its course.

One of China's biggest tech firms, the company that runs the mobile payment service Alipay has been hit with a massive fine of almost a billion dollars. But many believe this could this mark the end of a long government crackdown which led to Ant Group and Alibaba founder Jack Ma stepping down.

Also tonight, Roger Hearing finds out why Ford is retiring its iconic Fiesta brand.

Picture: the Alipay logo at the 2023 World Artificial Intelligence Conference in Shanghai, China, credit CFOTO/Future Publishing via Getty Images.

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27 minutes

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Fri 7 Jul 2023 22:32GMT
麻豆社 World Service except Europe and the Middle East

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  • Fri 7 Jul 2023 21:32GMT
    麻豆社 World Service Europe and the Middle East & 麻豆社 Afghan Radio
  • Fri 7 Jul 2023 22:32GMT
    麻豆社 World Service except Europe and the Middle East

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