China's P2P biggies shrug off crackdown, say they already comply with new norms

China's P2P biggies shrug off crackdown, say they already comply with new norms

REUTERS/Kim Kyung-Hoon

China’s bid to tame its peer-to-peer (P2P) lending sector could cost smaller platforms some business, but the impact on larger players will be limited, and some of the new restrictions will be hard to enforce, analysts and industry players said.

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