China Financial Daily

Deputy Governor of Central Bank : currently we are studying how to regulate the folk financing
Zhongxin News on March 10: The Eleventh Chinese People’s Political Consultative Conference National Committee member, People’s Bank of China Deputy Governor, Su Ning expressed in the small interview with reporters on March 9 that we must regulate unsuitable folk financing and eliminate the illegal folk financing. Moreover, he said that the People’s Bank of China and relevant departments are studying how to regulate the private financing. However, Su Ning stressed that folk financing has its reasons to exist.

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