China’s P2P sector found itself racked by scandal after an initial boom. Photo: Simon Song

China’s beleaguered peer-to-peer lending market will get a boost from Greater Bay Area development, says DBS Bank

  • By 2030, P2P lending will be the fifth-fastest growing industry in the new economic hub, the Singaporean bank estimates
  • The once-booming industry, which gives smaller firms easy access to funds, shrank drastically when regulators swooped to halt an epidemic of fraud
Topic |   Greater Bay Area

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China’s P2P sector found itself racked by scandal after an initial boom. Photo: Simon Song
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