China’s peer-to-peer (P2P) lending crisis has caused widespread anger from citizens who are demanding that the government bail out hundreds of collapsed P2P companies. Last...
The times they are a changin’ — as the People’s Bank of China has ordered local banks to stop issuing co-branded (bearing both the logo of...
At least one Chinese company has paired social media with lending. Tencent evaluated 50 million Chinese consumers using what might be thought of as unconventional...