Landlords fail to find tenants to fill office spaces in Futian, the CBD of Shenzhen, as an increasing number of P2P companies close down. Photo: SCMP Pictures

Nationwide crackdown takes its toll on China’s P2P and internet finance industry

P2P platforms are dying out as authorities slam on the brakes in the wake of financial scandals involving billions of yuan

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Landlords fail to find tenants to fill office spaces in Futian, the CBD of Shenzhen, as an increasing number of P2P companies close down. Photo: SCMP Pictures
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