{"id":34014,"date":"2016-08-25T10:37:53","date_gmt":"2016-08-25T02:37:53","guid":{"rendered":"http:\/\/www.chinamoneynetwork.com\/?p=54499"},"modified":"2016-08-25T10:37:53","modified_gmt":"2016-08-25T02:37:53","slug":"chinas-new-p2p-lending-cap-seeks-to-rein-risks-in-the-93b-sector","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2016\/08\/25\/chinas-new-p2p-lending-cap-seeks-to-rein-risks-in-the-93b-sector\/","title":{"rendered":"China's New P2P Lending Cap Seeks To Rein Risks In The $93B Sector"},"content":{"rendered":"<img width=\"399\" height=\"309\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/rmboolooo-3.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"rmboolooo\" style=\"display: block; margin: auto; margin-bottom: 5px;\" srcset=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/rmboolooo-3.jpg 399w, http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/rmboolooo-3-300x232.jpg 300w\" sizes=\"(max-width: 399px) 100vw, 399px\" \/>China announced new rules to tighten regulation of the country\u2019s P2P (peer-to-peer) lending sector, imposing a strict lending cap to lenders on the country's 2,349 P2P platforms. As previously reported by China Money Network, individual lenders can lend up to RMB200,000 (US$29.976) on a single P2P platform, while lending no more than RMB1 million (US$150,000) [&#8230;]<p><br>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"399\" height=\"309\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/rmboolooo-3.jpg\" alt=\"rmboolooo\">China announced new rules to tighten regulation of the country&rsquo;s P2P (peer-to-peer) lending sector, imposing a strict lending cap to lenders on the country's 2,349 P2P platforms. As previously reported by China Money Network, individual lenders can lend up to RMB200,000 (US$29.976) on a single P2P platform, while lending no more than RMB1 million (US$150,000) [&hellip;]<\/p>\n<p>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"author":162,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,194,1419],"tags":[8740,3404,5840],"class_list":["post-34014","post","type-post","status-publish","format-standard","hentry","category-business","category-news-chinese-law","category-p2p","tag-china-laws","tag-news","tag-p2p-lending"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/162"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=34014"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34014\/revisions"}],"predecessor-version":[{"id":34015,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34014\/revisions\/34015"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=34014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=34014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=34014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}