China's Internet Platforms Re-enter Consumer Lending
Update: 2025-11-10
Description
Chinas internet platforms are quietly resuming consumer lending, signaling a potential easing of regulatory restrictions. Beijings push for cheaper household borrowing is seen as a green light for cautious expansion. Ant Group, Meituan, and ByteDance could see faster growth and bigger profits, but loan defaults could trigger another regulatory crackdown. Consumers are noticing, with loan agents contacting them more frequently and offering fast approval.
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