Tagged: xian jie

“Fox Hunt:” Chinese Authorities Investigate Over 380 Peer to Peer Lending Platforms, Seize Assets

The Chinese Ministry of Public Security has revealed that over 380 peer to peer lending platforms are currently under investigation. A release by Xinhua on Sunday said that about USD $1.5 billion in P2P lending assets were involved. Apparently, the Chinese police have seized or frozen cash,… Read More

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