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China issues new rules to rein in risky peer-to-peer lending and injects cash into money market to address credit concerns

2 months ago
Sky Canaves
he measures come as global analysts and organizations such as the IMF have raised warnings about the country's financial system.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.