Emerging tech firms face tighter scrutiny

By Chen Jia | China Daily | Updated: 2019-12-18 08:04
A customer pays using a facial recognition device at a supermarket in Beijing. [Photo by Zou Hong/China Daily]
PBOC officials moot stricter measures in financial sector to protect investors
Regulators are expected to adopt a tough stance on emerging technology in the financial sector and extend supervision of technology giants in an effort to curb systemic risks, central bank officials said on Tuesday.