CBRC imposes caps on P2P lending the new measures One longstanding obstacle to regulating shadow banking was the need to get multiple government agencies to agree on a framework that addresses all of the sector's various components, from financing and tech to public safety and mass online data.
In the news: The CBRC clamps down on P2P loans, banks miss out on consumption data from increasing mobile payments and lenders take the hit from industrial restructuring
The first online lending regulation was issued to curb shadow banking risks, the rise of digital wallets threatened banks' access to big data and local governments' plans for the flailing coal and steel industry were discussed
By
Katherine Jo
& clp articles