Chinese Fintech Platforms Should Meet Capital Requirements in Two Years Technology


Source: usnews.com usnews.com

Key Topics in this News Article:

News Snapshot:

Chinese Fintech Platforms Expected to Meet Capital Requirements Within 2 Years-Regulator By Reuters , Wire Service Content March 1, 2021 By Reuters , Wire Service Content March 1, 2021, at 11:17 p.m. 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 Reuters 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...