China issues new anti-monopoly rules targeting its tech giants

The guidelines are expected to put new pressure on the country`s leading internet services, including e-commerce sites such as Alibaba Group`s Taobao and Tmall marketplaces or JD.com. They will also cover payment services like Ant Group`s Alipay or Tencent Holding`s WeChat Pay. The guidelines are expected to put new pressure on the country`s leading internet services, including e-commerce sites such as Alibaba Group`s Taobao and Tmall marketplaces or JD.com. They will also cover payment services like Ant Group`s Alipay or Tencent Holding`s WeChat Pay.