BEIJING/SHANGHAI, Nov 10 (Reuters) – China’s internet platforms are quietly reviving consumer lending, taking Beijing’s push to make household borrowing cheaper as a signal that regulators may be easing a years-long crackdown on the sector, four industry sources said.
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INTERNET PLATFORMS COME UP FOR AIR
Internet platforms read the move, and earlier high-level meetings between Chinese leaders and prominent private-sector bosses, as a green light to cautiously expand in consumer lending.
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
