It has been over five years since China’s peer-to-peer (P2P) lending platforms collapsed, yet many platform executives have evaded accountability. This has left countless investors destitute and unable to seek restitution. The Chinese P2P lending phenomenon 5 Years After China’s P2P Lending Crisis, Victims Say They’re Being Suppressed by CCP
It has been over five years since China’s peer-to-peer (P2P) lending platforms collapsed, yet many platform executives have evaded accountability. This has left countless investors destitute and unable to seek restitution. The Chinese P2P lending phenomenon
Commentary The Chinese government recently launched a series of measures to rescue the housing sector. The most eye-catching part is the 300 billion yuan provided by Chinese banks to clean up the excess. A rough calculation shows this is far from enough.