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Share of problematic peer-to-peer lending platform issues in China in 2020, by type

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Source

Release date

August 2021

Region

China

Survey time period

2020

Supplementary notes

The source did not provide a date of publication. The date used here is the access date.

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Share of problematic P2P lending platform issues in China 2020, by type

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 13, 2021
In 2020, ** percent of issues related to problematic P2P lending platforms in China were related to a platform operator that ran off. The second most common incident were customers experiencing issues withdrawing their funds. A lack of regulation of the peer-to-peer lending industry caused a sharp expansion of the number of platforms. However, after the introduction of stricter rules, many platforms became unable to operate. In 2019, almost lending platforms became entangled in the problematic incidents shown in this statistic.
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Fintech in ChinaE-Commerce in ChinaAlibaba GroupInternet usage in ChinaDigital payments in China
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