New P2P rules curb risky online lending

November 01, 2016 | BY

Katherine Jo &clp articles

China's financial regulators have set strict limits for peer-to-peer lending internet platforms by setting qualifications, imposing caps and clarifying liability

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China, with 700 million internet users, is the world's fastest-growing market for internet finance. The industry boom has led to perceptions that the evolution of peer-to-peer (P2P) lending in the