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China bans banks selling deposit products on third-party platforms

China's banking and insurance regulator banned commercial banks from using third-party internet platforms to sell deposit products, including those relating to fixed-te

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China steps up oversight on online platforms' financial services

The People's Bank of China (PBOC) will step up "prudential oversight" on online platforms' financial activities. /CFP China will step up "prudential oversight" of online platforms' financial a