China’s Digital Revolution in Bank Lending (Project-Syndicate)

China has long recognized the importance of increasing small and medium-size enterprises’ access to finance; now, online banks have found the solution the country needs. This could be a boon not only for growth and innovation, but also for broader financial inclusion – in China and beyond.

https://www.project-syndicate.org/commentary/digital-innovation-boosts-financial-inclusion-in-china-by-huang-yiping-2020-02

Huang Yiping, a former member of the Monetary Policy Committee of the People’s Bank of China, is Professor of Economics and Finance at the National School of Development and Director of the Institute of Digital Finance, Peking University, and a member of the International Monetary Fund’s External Advisory Group on Surveillance

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