{"id":10947,"date":"2018-09-24T09:08:18","date_gmt":"2018-09-24T09:08:18","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=10947"},"modified":"2018-09-24T09:08:18","modified_gmt":"2018-09-24T09:08:18","slug":"fintech-highlights-the-good-and-bad-of-lending-in-china","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/fintech-highlights-the-good-and-bad-of-lending-in-china\/","title":{"rendered":"FinTech highlights the good and bad of lending in China"},"content":{"rendered":"<p>The use of FinTech in China is highlighting both the good and the bad of lending in the world\u2019s second-largest economy. On the good side, FinTech is being used in China to propel online consumption and fuel the overall economy\u2019s growth. It has also expanded financial inclusion in the country, allowing more people (especially low-income earners) to access finance in new and innovative ways. On the bad side, FinTech (coupled with a lack of proper regulatory oversight) has led to numerous cases of irresponsible lending and predatory lending practices. In the end, FinTech offers a bright future for Chinese lending and the Chinese economy; however, the country must first work to put an end to irresponsible and predatory lending as they not only infringe on the rights of consumers but also jeopardize the development prospects of internet finance.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-10947 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='IBM publishes codes to encourage rapid creation of artificial intelligence projects'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/ibm-published-the-code-for-the-rapid-creation-of-projects-in-the-field-of-ai\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/01\/ibm-abyss-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-8094\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8094'>\n\t\t\t\tIBM publishes codes to encourage rapid creation of artificial intelligence projects\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='3 ways for financial institutions to shift their focus to consumer value'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/3-ways-for-financial-institutions-to-shift-their-focus-to-consumer-value\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/3-ways-for-financial-institutions-to-shift-their-focus-to-consumer-value-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13126\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13126'>\n\t\t\t\t3 ways for financial institutions to shift their focus to consumer value\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='4 keys for successfully moving into a digital financial environment'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/4-keys-for-successfully-moving-into-a-digital-financial-environment\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/11\/abfc0dfb-7526-4053-bcb2-6ee3aeed303c1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15542\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15542'>\n\t\t\t\t4 keys for successfully moving into a digital financial environment\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The use of FinTech in China is highlighting both the good and the bad of lending in the world\u2019s second-largest economy. On the good side, FinTech is being used in China to propel online consumption and fuel the overall economy\u2019s growth. It has also expanded financial inclusion in the country, allowing more people (especially low-income &hellip;<\/p>\n","protected":false},"author":5,"featured_media":11053,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[129,335],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/10947"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=10947"}],"version-history":[{"count":4,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/10947\/revisions"}],"predecessor-version":[{"id":11054,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/10947\/revisions\/11054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/11053"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=10947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=10947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=10947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}