Article 3VDWT As Chinese P2P lending bubble bursts, "investors" mob Chinese sports-stadiums used as temporary processing centers

As Chinese P2P lending bubble bursts, "investors" mob Chinese sports-stadiums used as temporary processing centers

by
Cory Doctorow
from on (#3VDWT)

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China has (had) the world's biggest peer-to-peer lending industry, with $190B lent by 4.1m "investors" to 4.3m borrowers across 1,836 services. (more")

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