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KM Financial Solutions | China online finance regulator tells unqualified micro-lenders to stop lending
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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
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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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