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Posts: 97

Governor

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Q: China P2P Investment

Any savvy investor familiar with theP2P investment in China? Please advise.

2 years 6 days ago in  Money & Banking - China

 
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Posts: 17530

Emperor

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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!

 

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2 years 6 days ago
 
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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.

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1 year 25 weeks ago
 
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A: Going to HK would be the best bet I reckon, especially if you were loo
A:Going to HK would be the best bet I reckon, especially if you were looking for a church wedding. Chinese weddings are pretty grim IMO - you go to a barren govt dept with souless officials and navigate red tape so some guy can give you a red stamp and a marriage book. You get expensive pictures taken of you both posing in places you'd never go to in everyday life that is somehow supposed to represent your wedding, then a while later it's off to a restaurant where a game show host kind of guy makes sure it's as tacky as possible while the guests eat as fast as they can so they can leave as soon as they finish eating and gave you money. Hell, I'd go to Thailand or the Philippines and get married in Paradise.   -- Stiggs