China’s non-bank consumer lenders face challenges on tightened regulations: Fitch

China’s non-bank consumer lenders will face challenges and regulatory risks as the government institutes a wider regulatory crackdown on shadow banking activities, Fitch Ratings said yesterday. After growing exuberantly from 2015 to 2017, China’s non-bank consumer lending — including consumer finance, micro-credit companies, peer-to-peer platforms and on-line finance companies …

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