News Formal

China’s Once-Hot Peer-to-Peer Lending Business Is Withering

  • 📰 WSJ
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Peer-to-peer lending is on its last legs in China, which once led the world in the industry

BEIJING—China’s peer-to-peer lending industry, once a world-beater, is on its last legs.

Entrepreneurs had hoped to fill a gap in the Chinese financial system ignored by state-backed banks. Thousands of peer lenders flourished, gathering funds from small investors and extending credit to family restaurants, parents with tuition bills to pay and other small borrowers. Several larger players such as Yirendai Ltd., PPDAI Group Inc. and Qudian Inc. went public in the U.S.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 98. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

Fear to Fear lending

P2P disease spreading has replaced it.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Walmart temporarily limits 'non-business critical travel' to ChinaWalmart Inc , the world's largest retailer, said it is temporarily limiting... Sorry Goy, If it's business critical you're still going. Share holder value and what not. F*uck the employees Re: No vaccine for Wuhan, China CORONAVIRUS or SARS2 - can't give you a Lifelong Immunity. It's an RNA virus like Flu or common colds, IT MUTATES FROM HOSTS TO HOSTS, 10-14 day incubation period ..Stop using paper money if you can too. $XRP $BTC
ソース: Reuters - 🏆 2. / 97 続きを読む »