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by duxup 2048 days ago
Yeah I don't know the full Ma / Ant story.

But that pawn shop comment, man if that's really related to the fact that pawn shops exist because something backs the loan ... and if Ant is really as big as folks say it is (I'm talking about my ignorance here, not anything deceptive) and it is could have a huge impact on Chinese banks.... that's a lot to worry about.

I don't pretend to know China's motivations or etc, but I think there may be very real regulatory concerns.