Private Lending Industry Is Collapsing in China

In recent months in China there have been frequent cases of the owners of private financing companies disappearing, leaving investors’ principal unpaid.
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Private Lending Industry Is Collapsing in China
A clerk counts the renminbi bills at a bank in Taipei on November 11, 2010. (AFP Photo/Patrick Lin)
11/9/2014
Updated:
11/9/2014