China gives P2P lenders two years to exit industry – document
27 Nov China gives P2P lenders two years to exit industry – document
Posted at 01:20h
in
News
by KMFSLLP
China said all existing
peer-to-peer (P2P) lending platforms must become small loan
providers within two years, a notice seen by Reuters on
Wednesday showed, the latest official edict aimed at curbing the
once-booming industry.
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