In 2019, the market value of the Chinese peer-to-peer lending industry reached 1.97 trillion yuan and was forecasted to reach 2.25 trillion yuan by 2020. After reports of scams and bad lending practices in the P2P lending industry increased, the Chinese government started to implement strict regulations on the platform operators. As a result, the number of platforms had decreased significantly over the past years.
Size of the peer to peer (P2P) lending industry in China from 2014 to 2019 with a forecast for 2020
(in trillion yuan)
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Sohu. (December 24, 2020). Size of the peer to peer (P2P) lending industry in China from 2014 to 2019 with a forecast for 2020 (in trillion yuan) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1261276/china-size-of-the-p2p-lending-market/
Sohu. "Size of the peer to peer (P2P) lending industry in China from 2014 to 2019 with a forecast for 2020 (in trillion yuan)." Chart. December 24, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1261276/china-size-of-the-p2p-lending-market/
Sohu. (2020). Size of the peer to peer (P2P) lending industry in China from 2014 to 2019 with a forecast for 2020 (in trillion yuan). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1261276/china-size-of-the-p2p-lending-market/
Sohu. "Size of The Peer to Peer (P2p) Lending Industry in China from 2014 to 2019 with a Forecast for 2020 (in Trillion Yuan)." Statista, Statista Inc., 24 Dec 2020, https://www.statista.com/statistics/1261276/china-size-of-the-p2p-lending-market/
Sohu, Size of the peer to peer (P2P) lending industry in China from 2014 to 2019 with a forecast for 2020 (in trillion yuan) Statista, https://www.statista.com/statistics/1261276/china-size-of-the-p2p-lending-market/ (last visited November 22, 2024)
Size of the peer to peer (P2P) lending industry in China from 2014 to 2019 with a forecast for 2020 (in trillion yuan) [Graph], Sohu, December 24, 2020. [Online]. Available: https://www.statista.com/statistics/1261276/china-size-of-the-p2p-lending-market/
