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Despite China's scrutiny of online credit, smaller services have spread; iResearch: the microlending penetration rate grew from 0.4% in 2014 to 69.2% in 2021 (Yaling Jiang/South China Morning Post)

Updates Finance by Updates Finance
July 17, 2022
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Yaling Jiang / South China Morning Post:

Despite China’s scrutiny of online credit, smaller services have spread; iResearch: the microlending penetration rate grew from 0.4% in 2014 to 69.2% in 2021  —  Trams and cast-iron postboxes speak to the history of the city, while delicacies such as fishballs and egg waffles are street food essentials …





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Tags: ChinaChina039sCreditgrewiResearchJiangSouthmicrolendingMorningonlinepenetrationPostratescrutinyservicessmallerspreadYaling
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