China online finance regulator tells unqualified micro-lenders to stop lending
24 Nov China online finance regulator tells unqualified micro-lenders to stop lending
Posted at 02:44h
in
News
by KMFSLLP
BEIJING, Nov 25 (Reuters) – The National Internet Finance
Association of China issued a risk warning letter late on Friday
telling “unqualified institutions” to immediately stop offering
loans as Beijing steps up a crackdown on the micro-loan sector
to fend off financial risks.
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