China should let banks set up Internet finance units -c.bank researcher

[ahlam1399]

China should let banks set up Internet finance units -c.bank researcher
BEIJING, June 18 (Reuters) - China's regulators should draw up clear rules allowing banks to set up online finance subsidiaries to fend off rising competition from tech**logy giants that have expanded into banks' traditional territory, a senior central bank researcher was quoted saying by a state-run newspaper.http://i0.wp.com/reuters.us.feedsportal.com/c/35217/f/654213/s/475af972/sc/28/mf.gif?resize=1%2C1
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