), designed to address a variety of major issues for savers, lenders, borrowers, authorities and other stakeholders in China …

of online P2P lending business. At present, China puts a blanket ban on RGFS, confining lending platforms strictly to the … of the RGFS in facilitating capital formation as well as the practical need for the RGFS in China's online P2P lending … conditions, China should change its regulatory paradigm. Specifically, China should not ban RGFS completely, nor allow the use of …