ID | 154451 |
Title Proper | China's internet finance |
Other Title Information | a critical review |
Language | ENG |
Author | Xu, Jianguo |
Summary / Abstract (Note) | China's Internet finance industry developed explosively from 2012 to 2015. Undersupply of financial services, progress of information technology and accommodative regulations for Internet finance jointly explain the explosive development. Regulation tightened after the small-scale P2P lending crisis in 2015. The present paper discusses the role of information technology and mega data analysis in financial services, with particular attention paid to some popular misconceptions. The paper predicts that large financial institutions and information technology companies will play a dominant role in the future development of Internet finance. |
`In' analytical Note | China and World Economy Vol. 25, No.4; Jul-Aug 2017: p. 78–92 |
Journal Source | China and World Economy 2017-08 25, 4 |
Key Words | Information Technology ; Financial regulation ; Financial Repression ; Mega Data Analysis |