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

Aug 29, 2016
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

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CBRC imposes caps on P2P lending

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