Discover and read the best of Twitter Threads about #AntFinancial
Most recents (1)
2 key areas that Huang Yiping highlights in #China’s #market-oriented #reform:
1. #Interestrate liberalization
The government has been pushing #banks to lend more to private enterprises, while asking them to lower the lending rates, which can be very counterproductive.
1. #Interestrate liberalization
The government has been pushing #banks to lend more to private enterprises, while asking them to lower the lending rates, which can be very counterproductive.
As #SMEs are high-risk by nature, they should be charged with higher interest rates. What the government is pushing for is a mission impossible. 
2. #Financial #innovation
Online #lending could possibly solve the problem. A good example is MYbank under #AntFinancial. They have 377 people in Hangzhou headquarter, but in one year they served 5 million customers and #SMEs relying on the mobile terminal and #bigdata analysis.
Online #lending could possibly solve the problem. A good example is MYbank under #AntFinancial. They have 377 people in Hangzhou headquarter, but in one year they served 5 million customers and #SMEs relying on the mobile terminal and #bigdata analysis.
