Chinese regulator continues to clamp down on dominant fintech players
The CBIRC’s Liang Tao warned fintech lenders at a conference in Beijing this week.
The CBIRC’s Liang Tao warned fintech lenders at a conference in Beijing this week.
A two-year programme has left only 29 firms in the country.
Only 2,985 of the 10,900 leasing firms in China are active businesses.
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