China's Internet finance booms
By CGTN's New Money
["china"]
Internet financing has become increasingly popular in modern society. A key sector of Internet finance is consumer leading product, like Ant Check Later, which is now the most convenient payment method for Chinese young customers. P2P lending is another key sector of Internet finance, and Renrendai is a good example.
Ant Check Later, or Huabei, has become a phenomenon in the consumption world. But they are also eyeing the overseas market.
Online P2P platforms are changing Chinese people's way of wealth management. P2P lending companies are taking all kinds of measures to make sure risks are well contained.