By Oiwan Lam Similar to the spread of toxic smog,the protests against finance “scams” on peer-to-peer (P2P) lending platforms fill been sweeping across China over the final month. P2P lending platforms, also known as crowdlending, and attract individual and trade investors with promises of high rates of return. According to an industrial insider’s report,by November 2015 there were about […]The post Why millions of Chinese are victimized by the blooming peer-to-peer lending trade appeared first on Hong Kong Free Press. Author: Global Voices.
Source: hongkongfp.com