China

geo/china

Location
34.422770535871, 103.7109375

China’s Poor P2P Lending Models

The Chinese dream of obtaining funding freely and easily has come up against harsh reality in the peer to peer (P2P) lending industry. Although P2P company Renrendai announced in January that its parent company had received $130 million in Series A funding and Dianrong.com announced $12 million in first round lending, the P2P lending industry has experienced a growing number of platform collapses or withdrawal difficulties, with 58 companies going bankrupt in the fourth quarter of 2013.

China SME Finance Report 2013

Small and medium enterprises (SMEs) drive the sources of economic vitality and, more importantly, create jobs and improve people’s livelihoods. In China, however, a conflict persists between the importance of SMEs and their financing difficulties, which has raised an academic concern as to the issue of SME financial services.

Analysis: Forced lending to China SMEs may risk more harm than good

Beijing's strategy to reroute money away from state-owned giants towards smaller firms to help fuel the economic transformation behind its reform plans is less of a success than it may seem on the surface.Lending has increased in line with Beijing's orders. Butbanks have found loopholes allowing them to lend to state-owned firms and some borrowers are local-government-owned, operating in saturated sectors Beijing is trying to consolidate, aggravating the risks facing the financial sector rather than alleviating them.

Study on the Potential of Sustainable Energy Financing for Small and Medium Enterprises in China

China has made significant achievements in improving its energy efficiency and reducing its greenhouse gas emissions in recent years, mainly through rolling out regulations with large, state‐owned enterprises, which tend to be the country’s biggest emitters. Such policy enforcement efforts‐although have shown fast and impressive results – have left the majority of the smaller and privately-owned companies unaffected, and thus impeding further major breakthroughs in the country’s mitigation efforts.