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China sets up industry group for Internet finance
Members include major banks, financial firms, P2P lenders and retailers with online sales
Published Fri, Mar 25, 2016 · 09:50 PM
Shanghai
CHINA'S central bank said on Friday that firms involved in Internet finance had set up an industry association, as authorities try to get a handle on the rapidly growing but weakly regulated sector.
The group will seek to "self-regulate" the industry at a time of growing risk from Internet financing, according to…
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