Four months after Beijing urged its state-owned bad debt managers to help alleviate the rising debt problems in China’s peer-to-peer (P2P) lending industry, one such deal was recently inked signaling perhaps more similar moves in the future. China Orient Asset Management Co. (COAMC), one of China’s four state-owned asset management companies (AMCs), has granted a […]

China Orient To Aid Struggling Shenzhen Credit Finance In First Attempt To Assist P2P Lenders appeared first on China Money Network.