P2P financing in China. (Extract from page 41 of BIS Quarterly Review, September 2018)
P2P financing is a source that is significant of for little companies and customers in Asia. The ratio of new P2P loans to brand new loans from banks rose to nearly 40% in June 2016, before falling to significantly less than 10% in June 2018 (Graph B, left-hand panel). As P2P loans primarily meet
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