Causes and Countermeasures of P2P Mine Explosion in China

Authors

  • Yinge Xiong
  • Ping Qin

DOI:

https://doi.org/10.54097/fbem.v2i3.178

Keywords:

P2P mine explosion; Reason; Countermeasure

Abstract

This paper analyzes and discusses the phenomenon of P2P mine explosion, and explores the reasons and factors behind it, and puts forward corresponding countermeasures against the background of the development of P2P project, from no one's interest in market innovation to the barbaric growth to the establishment of more than 3000 institutions in only three years, which has become the bleak end of institutional bankruptcy and platform running.

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References

What does P2P bring us? He Jie. Tsinghua financial review. 2020.

Financial technology, optimal banking market structure and credit supply of small and micro enterprises. Sheng Tianxiang, fan Cong. financial research. 2020.

Development, problems and supervision of China's P2P network lending industry [J]. Feng Xingyuan, Yan Xiang, Cheng Ping. Social science front. 2020 (09).

Zhang Maojun, Wang Jian, Zhang Yin, Zhang Yedan. Financial technology, regulatory policy and P2P platform risk -- from the perspective of credit risk and liquidity risk [J]. Finance and economy, 2021 (08): 38-45.

Weakness, breakthrough and system construction of China's financial technology supervision. Wang umbrella. Monthly journal of Finance and accounting. 2021.

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Published

17 November 2021

How to Cite

Xiong, Y., & Qin, P. (2021). Causes and Countermeasures of P2P Mine Explosion in China. Frontiers in Business, Economics and Management, 2(3), 8–10. https://doi.org/10.54097/fbem.v2i3.178

Issue

Section

Articles