Despite being the backbone of the regional economy, SMEs in Southeast Asia have long suffered from a lack of financing opportunities. The advent of fintech is set to fill the credit dearth.
China’s nude loans are a sign of the country’s deficient student loan system. Beijing must create proper credit-borrowing channels specially catered to students to solve the problem.
Facebook0TwitterReddit0LinkedinemailEditorial The China Banking Regulatory Commission (CBRC) on 24th August officially released “Interim Measures for Administration of Peer-to-Peer Lending Information Intermediaries” (hereafter referred to as “Measures”)….