Victims of P2P Lending Crisis in China Speak Out About Misfortunes

A man checks stock price movements at a securities company in Beijing, on July 4, 2018. Greg Baker/AFP/Getty Images

The current peer-to-peer (P2P) lending crisis in China has caused many middle-class families to suffer huge financial losses.

A man who identified himself as Mr. Li said he lost his investments in Yindou, a P2P platform, after the company’s controller went missing and the platform shut down in July. He recounted, in an interview with the Chinese-language version of The Epoch Times, about when he and about 60 other victims, along with their lawyers, traveled to the Jiangxi Bank to protest.