An employee places genuine Chinese one-hundred yuan banknotes into a counting machine in Seoul, South Korea. (Photographer: SeongJoon Cho/Bloomberg)

How China’s Peer-to-Peer Lending Crash Is Destroying Lives

(Bloomberg Businessweek) -- “I am too small to fight them,” a 31-year-old woman from Zhejiang province, China, wrote in a note to her parents in early September after losing almost $40,000 when an ...

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