China in 2 minutes a day
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China’s online lenders look at potential borrowers’ social media contacts to assess credit risk

If we find you are friends with celebrities from the entertainment or finance industries, we think you must be to some extent trustworthy …  since otherwise you wouldn’t have such friends,” says the co-founder of one of China’s top peer-to-peer lending firms.
1 year ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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