The Chinese government stipulates interest rates for Chinese bank accounts, by providing alternative investments these P2P companies provide a domestic alternative that the PBOC has tacitly accepted and is expected to rule on in the near future.
The Chinese government stipulates interest rates for Chinese bank accounts. This is by. The Chinese government was providing alternative investments. The PBOC has tacitly accepted. The PBOC is expected to rule on in the near future alternative investments. These P2P companies provide a domestic alternative this.