Peterson Perspectives: Interviews On Current Issues
Fixing China's Financial Credit System
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- More information
Informações:
Synopsis
Hundreds of millions of Chinese citizens still use costly informal credit where they lack access to a formal financial system. Martin Chorzempa says that Chinese officials should work with private companies to improve the rules around sharing while protecting consumer data that will provide fair priced loans to Chinese people.