China to tighten online lending rules from 2022 in additional measures to rein in fintech giants, pre-empt banking crisis

, , Comments Off on China to tighten online lending rules from 2022 in additional measures to rein in fintech giants, pre-empt banking crisis

China’s national banks are the biggest winners under the new rules to be enforced from January next year, while online lending platforms and regional banks are likely losers as their wings are clipped …
( read original story …)