China's P2P Property Lending Growth Six Times Faster Than BanksBy
Loans via P2P platforms expanded 163% last year: Yingcan
Home prices in Shenzhen and Shanghai jumped as much as 50%
Peer-to-peer lending for property in China grew more than six times faster than loans extended through banks last year as borrowers took advantage of a less-regulated financing market to take part in the nation’s real estate boom.
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