China’s P2P Lending Sector Is in Serious Trouble

Facing stricter regulation, China’s P2P lending sector is declining rapidly, and could even collapse entirely. P2P lending has been lucrative in China with little constraining regulation. The industry is worth as much as $120 billion and has been high-risk, but high return. Chinese regulators have been clamping down on debt and financial risk, the number … Continue reading China’s P2P Lending Sector Is in Serious Trouble