China Retail

Fintech company JD Digits has been restructured as JD Technology, with the addition of JD.com’s artificial intelligence and cloud businesses, amid increased scrutiny of fintech in China after Ant Group’s scuttled IPO.

The move by the world’s largest fintech comes as a global regulatory backlash against Big Tech gathers pace.

Shanghai’s office vacancy rates have continued to rise, as corporate tenants tighten their purse strings and new supply comes online, and rents have continued to decline.

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