Monday, January 6, 2014

Private lenders thrive in China as banks neglect small clients





In Beijing's central business district, where advertisements for banks beam out from the sides of luxury hotels and office buildings, loan guarantee companies and wealth management firms are mushrooming to address the demand for financial services that banks disregard.









via Business feed http://www.scmp.com/business/banking-finance/article/1398701/private-lenders-thrive-china-banks-neglect-small-clients

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