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3Novices:Mainland investors say goodbye to double-digit returns as Beijing tightens regulations on online lending platforms

One popular investment theme in China has begun to loose its appeal, as Chinese authorities continue with their push to tighten credit and restrict lending through the shadow banking sector.
Investors accustomed to double-digit returns by fronting capital to needy borrowers over online lending platforms, are likely to face more challenging times ahead, with analysts saying the yields on these investments are slated to fall into the single digits in the near future.
Returns that were as high as…
June 11, 2017 at 01:12PM http://ift.tt/2riYuKV
#3Novices #News #OnlineMedia #China 3Novices China

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