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Q: China P2P Investment
Any savvy investor familiar with theP2P investment in China? Please advise.
6 years 26 weeks ago in Money & Banking - China
Massive P2P Failures in China: Underground Banks Going Under ...Online peer-to-peer (P2P) lending was once touted as a way to transform finance, making it more efficient and allowing less advanced economies to leapfrog the United States. No one embraced it more than China, which boasts the world's largest P2Plending sector. But after granting trillions of yuan ...https://piie.com/blogs/china-economic-watch/massive-p2p-fa...
Stay away and healthier, IMO!
I trust only trusted lending companies and always read reviews of other people. That's the only reason I chose zenith loans and sometimes borrow some money to solve my financial problems. Frankly speaking, I am afraid to invest money in questionable projects and as a rule, I am not mistaken.