The Latest

• August 03, 2020

  By Charleston Lim

  Two China Regulators To Take Punitive Action Against Luckin Coffee

  The Ministry of Finance and the State Administration for Market Regulation will impose heavy penalties against Luckin Coffee and other entities after they found the company guilty of fabricating $304 million in sales.

  

  The Ministry of Finance and the State Administration for Market Regulation will impose heavy penalties against Luckin Coffee and other entities after they found the company guilty of fabricating $304 million in sales.
• October 23, 2019

  By Charleston Lim

  China's Financial Regulators Tightens Rules On Online P2P Lenders

  The China Banking and Insurance Regulatory Commission has imposed a set of new regulations aimed at curbing the spread of illegal P2P lending.

  

  The China Banking and Insurance Regulatory Commission has imposed a set of new regulations aimed at curbing the spread of illegal P2P lending.