China-entrepreneur-financial-innovation – Chuàngkàn Bālí

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Business / 2016-03-07

Chinese financial innovation, brought by entrepreneurs, is disrupting the Chinese financial services industry in a good way

Giles. W. Chance / Expert on Chinese economy and business, Visiting Professor of Tuck School of Business at Dartmouth College, Guanghua School of Management at Peking University

The first steps in these financial innovations appeared to bring more bad than good, and the state sector said ‘I told you so.’ But P2P platforms like that of Yirendai, which links small borrowers with...

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