The Strategy and Risks of Chinese Fintech Companies Going Abroad to the Belt and Road Countries:Case Study Based on Akulaku and Ant Financial Services
The overseas expansion of financial technology companies in countries along the Belt and Road can not only make up for the shortcomings of financial services in local markets,but also promote international multilateral cooperation.This paper explores different overseas expansion strategies and their respective advantages and potential risks.The research shows that the localized overseas expansion strategy represented by Akulaku can help companies better integrate and meet the regulatory requirements of the country in the face of a stricter financial regulatory environment,participate in market competition and obtain local resources,thereby supporting the sustainable development of the business.The risk is that operating in a different place increases the difficulty of financial risk control,and changes in the international political situation and regulatory environment pose a challenge to localized operations.The overseas expansion strategy represented by Ant Financial,which combines technical cooperation with equity investment,can quickly deliver technology and capital suitable for local conditions to partners in the host country,promote business synergy,make it easier to integrate local resources,and reduce the risks of direct overseas business.However,it is difficult to quickly adapt to changes in local laws and regulations and is prone to risks brought about by policy adjustments.
FintechOverseas StrategyThe Belt and Road Initiative
NETL
NSTL
万方数据
