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To help China with a needed economic shift toward consumer spending, online lenders use detective work and other creative ways to make up for a lack of credit information

2 weeks ago
Amedeo Tumolillo
s China's leaders attempt to guide its economy away from a reliance on manufacturing, they are facing a population with little credit history and a notable lack of access to credit cards, loans and other traditional bank products. Online lenders have stepped in with products tailored to the nation's rising consumer class, and in one case have employed on-the-ground surveillance of potential borrowers to assess their creditworthiness.
By Amedeo Tumolillo
Amedeo Tumolillo is the editor-in-chief of SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.