A lack of cross-border regulation presents a challenge to holding Luckin Coffee entities and executives to account for alleged misconduct and fraud.
Small and micro enterprises which cannot provide collateral or guarantees for loans can instead share their tax payment information with commercial banks to obtain funding.
The CBIRC and PBOC have asked banks to identify whether cheap loans intended to support small business impacted by the coronavirus are being used to fund speculative property purchases.
China will reduce the amount of capital small and medium-sized banks need to set aside to cover potential losses from loan defaults.
With full ownership now on the table and various alternatives also open, foreign fund groups in China are weighing how to expand into a fast-changing market with lots of potential.
The additional barriers violate the WTO's principle of non-discrimination, and go against the general trend of liberalisation and facilitation of trade and investment, says the Chinese Embassy in India.
Policymakers said on Friday that monetary policies should make full use of RRR cuts, interest rate reductions and relending, indicating a shifting stance after GDP shrank 6.8% in Q1.
Four state-owned banks and three telecom companies, along with Tencent and Alipay, are all said to be involved in the development of the digital currency.
The approval allows Credit Suisse to raise its stake in a joint venture with Founder Securities from 33.3% to 51%, making it the latest foreign firm to gain majority control of a domestic brokerage in China.
India has introduced a pre-approval requirement for all foreign investment from seven countries including China to curb "opportunistic takeovers or acquisitions" of Indian companies.