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Posts Tagged lending

Quality Fade: American or Chinese, Which is Worse?

Paul Midler is an experienced sourcing expert who has worked in China for many years, and publishes The China Game blog. I believe that he is the first person to coin the term “quality fade”. Quality fade is, according to this article published in Forbes: This is the deliberate and secret habit of widening profit [...]


Personal Lending + Web 2.0 + China = ?

Two new startups in China have now entered the field of Internet-based personal lending and finance in China, and according to this article in China Web 2.0 Review, one of them, PPDai has already received first-round funding for an undisclosed amount from Essentia Equity. The concept of personal lending is an outgrowth of microfinancing, which [...]