Crowdfunding in China : the financial inclusion dimension (English)

When crowdfunding emerged in the United Kingdom around 2007, few can imagine that 10 years later China will be the largest crowdfunding market in the world. Peer-to-peer (P2P) lending in China started picking up in 2011 to reach a market volume of United States (U.S.) 52.44 billion dollars in 2015. It surpassed the U.S. 100 billion dollars threshold a year later, thus leaving North America far behind as the second largest global market with a modest...

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Author

Aveni,Tyler Jackson;

Jenik,Ivo;
Document Date
2017/07/01
Document Type
Brief
Report Number
119207
Volume No
1
Total Volume(s)
1
Country
China,
Region
East Asia and Pacific,
Disclosure Date
2017/09/07
Disclosure Status
Disclosed
Doc Name
Crowdfunding in China : the financial inclusion dimension
Keywords
P2P lending

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Aveni,Tyler Jackson; Jenik,Ivo.

Crowdfunding in China : the financial inclusion dimension (English). CGAP brief Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/834091504764640588

Crowdfunding in China : the financial inclusion dimension (English)

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