This Month in Fintech - China (November’22)

This Month in Fintech - China (November’22)

Hello Fintech friends,

November was a chaotic month for China with the riots over the continued zero-covid policy. People have raised a lot of concerns on the negative economic impact of covid controls. One most recent examples of it is that Alibaba’s annual Singles Day has experienced the slowest ever sales growth.

(Source: Al Jazeera)

With the gloomy economic outlook in mind, Chinese fintechs are making more efforts on global expansion and new product launches, especially around lending and consumer financing products. You will read about them in this month’s newsletter.

Enjoy the read!

Yours,

Ning

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