Beijing Struggles To Defuse Anger Over China's Peer-To-Peer Loan Crisis
The size of China's P2P industry is far bigger than in the rest of the world combined, with outstanding loans of 1.49 trillion yuan ($217.96 billion), according to data tracker p2p001.com, run by the Shenzhen Qiancheng Internet Finance Research Institute.
Police prevent planned protests by investors who lost money from peer-to-peer lending platforms.
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