China’s online consumer credit providers have benefited from the country’s spending boom and lending to consumers who cannot obtain credit from traditional financial institutions. Photo: Edward Wong
update | Why Chinese companies are flocking to the US for a listing
By end of August, 168 Chinese companies were trading in the US, 52 of which are internet and technology firms, taking up the largest chunk
China’s online consumer credit providers have benefited from the country’s spending boom and lending to consumers who cannot obtain credit from traditional financial institutions. Photo: Edward Wong