Private Lending
The Latest
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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. -
China Now Criminalizing Loans With Annual Interest Rates Above 36 Percent
Persons or entities found to have made profits at an annualized interest rate of more than 36 percent may now be criminally prosecuted under the newly imposed rule. 
Persons or entities found to have made profits at an annualized interest rate of more than 36 percent may now be criminally prosecuted under the newly imposed rule.
