China bans TV, radio advertisements for medical beauty loans

Economy5 minutes ago (Sep 27, 2021 06:51AM ET)

(C) Reuters. FILE PHOTO: The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter/File Photo

SHANGHAI (Reuters) – China on Monday banned advertisements for medical beauty loans from its televisions, radios and online platforms, saying such advertisements enticed young people with low interest rates, misled consumers and caused adverse effects.

The National Radio and Television Administration published the decision in a statement.

China bans TV, radio advertisements for medical beauty loans

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