Buy BOSCH washing machines at cheapest price from here Micro-lender China Rapid Finance spots opportunity in new rules Online micro-lenders have come under scrutiny as “problems such as over-lending, repeat borrowing, improper collection, abnormally high interest rates, and privacy violations have become prominent”, Chinese financial regulators said last week. Wang told Reuters in a telephone interview he remains positive about the broader market and that China Rapid Finance is well-positioned to benefit from a market cleanup of online microlending in China, which dwarfs that for the rest of the world combined and includes thousands of players.. “The only thing that changed is in the short-term some companies might run into some difficulties,” Wang said. “The market might need some clean-up, maybe some shake-up in terms of some companies might have to exit the market, some might have to reposition themselves,” he added. China Rapid Finance, which floated on the New
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