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Wednesday, February 21, 2018

China tries to bring order to sprawling online finance sector

Regulators have finally sprung into action, banning internet finance companies from guaranteeing principal, thereby encouraging people to think twice before handing over their money. A de facto registration system for online finance companies will start around the middle of the year. Authorities will also ...
From http://ift.tt/2HyIFcx

Regulators have finally sprung into action, banning internet finance companies from guaranteeing principal, thereby encouraging people to think twice before handing over their money. A de facto registration system for online finance companies will start around the middle of the year. Authorities will also ...

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