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Tuesday, August 08, 2017
Certain internet finance products have become importantly systematic influential
ANBOUND

According to the Operational Report of China Regional Finance (2017) published by the Central Bank of China, Internet Finance has not changed the perilous nature of the financial industry; on the contrary it might cause the risk evolve into a more subtle, contagious and externalized form. For the first time, the Central Bank indicated that certain internet finance products have become importantly systematic influential; there is the need to take precaution on the periodic upturn fluctuation and the effect of Intermarket spillover; at the same time there should be attempt to include internet finance commerce of larger scale and of systematic importance into a macro framework with prudent management.

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