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City tapped to pilot consumer finance

by Zhang Fengming

SHANGHAI will be among the first cities in China to launch consumer finance companies under a draft plan released yesterday by the nation's banking watchdog. "Shanghai has been studying a plan for consumer finance...

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<p><a href="http://www.shanghaidaily.com/sp/article/2009/200905/20090514/article_400820.htm"> City tapped to pilot consumer finance </a> by -- SHANGHAI will be among the first cities in China to launch consumer finance companies under a draft plan released yesterday by the nation's banking watchdog. "Shanghai has been studying a plan for consumer finance... </p>