In China, P2P Insiders Say Regulatory Shortcomings Have Choked Industry

By Reuters
NYT Business Day
Overburdened Chinese regulators have left the peer-to-peer lending industry to poorly staffed local governments, according to ex-regulators, threatening the survival of an important credit mechanism once seen as crucial for the country's economy.
Published date: September 6, 2019 at 06:07AM
Reuters
New York Times article