China gives P2P lenders two years to exit industry – document
China said all existing
peer-to-peer (P2P) lending platforms must become small loan
providers within two years, a notice seen by Reuters on
Wednesday showed, the latest official edict aimed at curbing the
once-booming industry.
peer-to-peer (P2P) lending platforms must become small loan
providers within two years, a notice seen by Reuters on
Wednesday showed, the latest official edict aimed at curbing the
once-booming industry.
Posted by Reuters
