Ant's MoneyGram failure casts pall over Chinese dealmaking

Ant's MoneyGram failure casts pall over Chinese dealmaking

A logo of Ant Financial is displayed at an event of the company in Hong Kong, China November 1, 2016. REUTERS/Bobby Yip

Last January, Alibaba founder Jack Ma met with Donald Trump, then the U.S. president-elect, to discuss helping one million small U.S businesses access Chinese consumers through the e-commerce giant’s online platform.

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