China’s bank regulator is tightening restrictions on internet loans made by commercial banks and looking more into online lenders in general, Reuters reported. The move...
Chinese regulators have seized control of nine financial institutions (FIs) alleging they violated rules and jeopardized the country’s financial system. The Wall Street Journal reported...
The China Banking and Insurance Regulatory Commission (CBIRC) is issuing fines to banks at a record rate in an effort to combat increasing financial risk. Bloomberg,...
Chinese officials have reportedly taken measures to monitor and potentially crack down on the nation’s banks’ risky lending practices, reports in Reuters said Wednesday (April...