Aug 13, 2018 08:11 PM

Regulators’ Pledge to Help P2P Investors Comes With Warning

Photo: VCG
Photo: VCG

*The authorities will take 10 measures to address problems plaguing online lending, including the establishment of new local government departments which will receive complaints related to the sector, state media reports

*While the government said it will punish platforms that shut down in a ‘malicious’ way, the media said that it would also crack down on ‘irrational petitioning’

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