Government efforts over the last decade to bolster loan growth in rural areas has met with mixed results. A communist party official talks to a farmer in Hutou village in southeast China's Fujian Province. Photo: Xinhua

Big data could help bring micro lending to the millions left out of China’s economic miracle

Facial recognition and big data may help bolster loan growth in rural areas and lower-tier cities

Topic |   Banking & Finance

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Government efforts over the last decade to bolster loan growth in rural areas has met with mixed results. A communist party official talks to a farmer in Hutou village in southeast China's Fujian Province. Photo: Xinhua
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Yujing Liu

Yujing Liu

Yujing Liu is a business reporter with a passion for understanding and explaining the fascinating complexities of China’s economy and society. Originally from Beijing, she joined the Post in 2017 after graduating from the University of Hong Kong with a degree in politics and journalism.