While what those US politicians are hoping to do to Huawei is a barbarian intervention in the operation of the Chinese company, it would disrupt the normal functioning of the global chip-related supply chain, and all companies that rely on this chain to survive will suffer.
Internet finance, as an emerging industry that is easy to fall into "barbarian growth", needs to strengthen self-discipline capacity or use external restrictive mechanisms to clarify the behavior and business boundaries, said Ben Shenglin, founding dean of the Zhejiang University Academy of internet Finance.
Yi Gang, the central bank governor, listed the upcoming regulations for financial holding groups as one of the three new policies that the bank was busy working on and "would try to publish as early as possible", when he delivered a speech in late March in which he mentioned that the "barbarian growth" of a few financial holding groups is risky.
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