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China

SEC Regulation
Regulation
·Sep. 16, 2021

Senate banking hearing grills Gensler on SEC regs, crypto, retail investing, and more

Gensler said his biggest worry about the equity market was competition and consolidation. While retail investing has taken off, the PFOF that enables it is ripe for conflict of interest.

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News RoundupFintech
·Mar. 30, 2020

The Impact of Coronavirus on Chinese Consumers

Early data coming out of China shows an increase of loans that are past due; According to Bloomberg, overdue credit-card...
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News RoundupFintechAsia/Pac
·Jan. 17, 2020

China and India are Moving in Different Directions When it Comes to Fintech Funding

Last year the amount of global investment in Chinese fintech companies reduced dramatically to $4.9 billion, down from $34 billion...
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Peer to Peer Lending
·Oct. 23, 2019

The Meteoric Rise and Spectacular Fall of Peer to Peer Lending in China

When we started LendIt in 2013 I had no idea that China was a hot bed of peer to peer...
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FintechNews Roundup
·Mar. 18, 2019

China’s Central Bank Plans to Gradually Introduce Fintech Regulation

Over the weekend China’s central bank stated that they will be gradually introducing a system of rules in order to...
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News RoundupFintech
·Apr. 6, 2020

The Current State of Personal Loans in China

Executives at some Chinese banks and online lenders are reporting that more consumers are becoming delinquent on their credit card...
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News RoundupFintech
·Feb. 25, 2020

China Looks Into Setting Up Debt Managers to Handle P2P Loans

China’s banking regulator is looking at potentially setting up regional bad-debt managers to deal with the collapse of the significant...
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News RoundupFintech
·Jan. 9, 2020

Amex Close to Entering Chinese Market

China’s central bank as accepted Amex’s application to start a bank card clearing business, but they still need to receive...
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News RoundupFintech
·May. 9, 2019

Amazon Launches Lending Service in China

Amazon recently closed its marketplace in China but is still working on other businesses in the region; they are now...
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News RoundupFintechUSA
·Mar. 15, 2019

Chinese Investment in U.S. Startups Remains Healthy

Last August U.S. lawmakers passed the National Defense Authorization Act which was designed in part to stem Chinese acquisitions of...
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