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Home » Chinese fintech platforms expected to meet capital requirements within 2 years-regulator Chinese fintech platforms expected to meet capital requirements within 2 years-regulator March 2, 2021 BEIJING (Reuters) – China’s financial technology companies are expected to meet capital adequacy requirements within a maximum of two years, said Guo Shuqing, head of the China Banking and Insurance Regulatory Commission (CBIRC) on Tuesday. FILE PHOTO: China’s top banking regulator Guo Shuqing speaks to reporters on the sidelines of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China, March 5, 2019. REUTERS/Thomas Peter Micro lenders, consumer...
