Police said they also detained Fincera’s legal representative Shen Hui and several other people. The company did not answer phone calls from Reuters seeking comment.Fincera, once the largest peer-to-peer lending platform in Hebei province by loans, was caught in a regulatory crackdown of the country’s P2P firms and forced to close, according to documents acquired by Reuters in August.
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globebusiness This is the CCP's usual means of hostage diplomacy.
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