Published: February 4th, 2021,
Last updated: July 10th, 2023
Beijing sends its regards to Olaf Scholz. The Finance Minister is in deep trouble over Wirecard, which has slipped through the financial regulator’s grates. The Chinese government, as Finn Mayer-Kuckuk reports, now wants to regulate the financial arm of the Alibaba Group according to the rules of a financial institution rather than those of a tech company.