CBIRC urges AMC to tackle P2P issue
Published: Aug 23, 2018 08:33 PM
China Great Wall Asset Management, one of China's four State-owned asset management companies (AMCs), has become the first to set up a working group aimed at resolving risks in the peer-to-peer (P2P) lending industry, Reuters reported on Thursday, citing sources.

The China Banking and Insurance Regulatory Commission (CBIRC) urged the four asset management companies to resolve risks last week.