China’s fintech dilemma — beloved by small business, distrusted by regulators
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
China’s small business owners have welcomed the rise of financial platforms more suited to their needs, but those platforms’ attendant risk has made them something of a liability for a risk-averse government. Will they be able to survive an inevitable round of intense regulatory scrutiny?