The People’s Bank of China governor, Zhou Xiaochuan, has also called for “pre-emptive measures and reactive solutions” to curb systemic financial risks. Photo: Bloomberg

China may impose licenses for online consumer lenders, dousing the explosive growth in fintech

Total online borrowing stood at 803.4 billion yuan by end of 2016

Topic |   Banking & Finance

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The People’s Bank of China governor, Zhou Xiaochuan, has also called for “pre-emptive measures and reactive solutions” to curb systemic financial risks. Photo: Bloomberg
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