China fines Alibaba and Tencent over payments systems

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China tech groups Alibaba and Tencent have been caught up in Beijing’s war on capital flight, with both facing fines for breaches of cross-border foreign exchange payments.

Footage by Reuters. Edited by Trixia Abao.

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(Source: Financial Times, https://www.youtube.com/watch?v=WplmDWxDqWw)