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China to tighten on-line lending guidelines from 2022 in further measures to rein in fintech giants, pre-empt banking disaster – NEWPAPER24

China to tighten on-line lending guidelines from 2022 in further measures to rein in fintech giants, pre-empt banking disaster 2021-02-22 10:15:07 China’s banking trade regulator has tightened necessities on on-line lending by industrial banks and web platforms from subsequent 12 months in a transfer to foster a gradual tempo of progress and pre-empt any monetary disaster, analysts mentioned.The…

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