A report co-authored by the Cambridge Centre for Alternative Finance is featured in the article. The report says that “unsecured consumer lending via Chinese online platforms more than tripled in 2016 to almost $140 billion.” The second Asia Pacific Alternative Finance Industry Report released in 2017 looked at online alternative finance in the Asia-Pacific region and identified China as the region’s largest alternative finance market in 2016.
Read the full article [reuters.com]
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