News Non-Life18 Aug 2020

China:Number of online P2P lending platforms shrinks by 99%, triggering insurance losses

18 Aug 2020

China's peer-to-peer (P2P) online lending platforms still have more than CNY800bn ($115bn) unpaid to investors and their numbers have shrunk to just 29 across the country, reported Reuters quoting the head of China's banking and insurance regulator.

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