Basker Rangachari gives a glimpse of consumer credit competition in China

Theasianbankersg20 Jan, 2022Finance

The consumer finance industry in China has grown rapidly, mostly in the last five years. The aggressive entry by strong e-commerce fintech players into the consumer finance industry has pushed digitalisation to new heights and engaged consumers at an astounding rate. All of these digital players have created a competition in China and here are things you need to know about Consumer Credit Competition in the region.