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China bans TV, radio advertisements for medical beauty loans By Reuters

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© Reuters. FILE PHOTO – The Chinese flag can be seen in Beijing on 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.

This decision was made public by the National Radio and Television Administration in a press release.

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