Literature on China's finance in the West has focused on "financial repression" in its highly regulated financial markets. However, fundamental changes in China's financial system are underway and China's peer-to-peer (P2P) lending is now the largest in the world.
This book uses exclusive researches, interviews and surveys to bring readers a clear picture of the rapidly developing P2P lending industry in China. It is comprised of two parts. The first part is a comprehensive analysis of China's P2P lending industry. It outlines the factors behind the meteoric rise of P2P lending in China, and also the challenges its rapid rise has posed. The second part is a panoramic survey of China's P2P lending industry with study of typical cases, which could also provide reference to the analysis in the first part. Besides, it introduces the existing relevant regulations, regulators, likely upcoming regulatory measures as well as the diverse body of new financial institutions appearing with the development of the industry, to analyse in-depth the current functioning of the industry in China and its lending practices through a large scale survey.
List of figures and table. Introduction. Peer-to-Peer Lending with Chinese Characteristics: Development, Regulation and Outlook 1. What Is P2P And How Is Chinese P2P Different? 2. Why Does P2P Exist in China? 3. An Overview of Chinese P2P Today 4. Regulation 5. Outlook for P2P in China Conclusion Appendix: Assessment Report of Online P2P Lending Platforms in China 2015 Foreword 1. The characteristics and standards of P2P platforms 2. Overview of P2P Operations 3. Risk Management of P2P Platforms 4. Policy recommendations Afterword. Index
The China Perspectives series focuses on translating and publishing works by leading Chinese scholars, writing about both global topics and China-related themes. It covers Humanities & Social Sciences, Education, Media and Psychology, as well as many interdisciplinary themes.
This is the first time that any of these books have been translated into English for international readers. The series aims to put forward a Chinese perspective, give insights into cutting-edge academic thinking in China, and inspire researchers globally.