China Introduces new anti-trust rules for non-bank payment industry Anti-trust, “The finance industry is becoming more and more dependent on information technology, leading to a growing urgency of ramping up anti-trust efforts in this sector,” Liu Xu, a researcher at the National Strategy Institute of Tsinghua University, said.   China’s central bank proposed stepping up anti-trust measures to rein in payment firms such as Ant Group’s Alipay and Tencent’s WeChat Pay, which dominate the non-bank payment industry. Under draft rules proposed on Wednesday, the People’s Bank of China (PBOC) can advise the state council’s antitrust committee to stop companies abusing…