China Online Lender Dianrong Blames Government for Its Woes: Memo

China Online Lender Dianrong Blames Government for Its Woes: Memo

Dianrong, one of China’s biggest peer-to-peer (P2P) lenders which is laying off staff and shutting stores, blamed the government for its troubles saying the absence of clear-cut policies was proving to be a heavy burden.

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