IMF head Christine Lagarde speaks at the Boao Forum
- Regulatory gap on fintech in Asia should be closed
Lagarde touching more on fintech, keeping away from the trade spat between China and US at the moment.
Fintech has been a little slow in its adoption in Asia - but has been making headway in the past year, though that also means that it poses a threat to banks and the way the financial system is run and regulated in the region.