{"product_id":"9781623201722","title":"Chasing Subprime Credit: How China's Fintech Sector Is Thriving","description":"\u003cp\u003eIn China, credit is booming, so is subprime credit. Instead of disrupting the banks, fintech is energizing the subprime credit sector while helping the banks.\u003c\/p\u003e\u003cp\u003eIt is a chaotic scene, causing headaches to the government and much harm to investors and borrowers alike. The regulatory stance is full of intrigue. But things are not all negative.\u003c\/p\u003e\u003cp\u003eIf fintech can enable all subprime borrowers to access credit cheaply, safely, and cost-effectively, all the chaos and trouble will have been worthwhile.\u003c\/p\u003e\u003cp\u003eFor decades, China’s subprime sector has been the plumber for the banks. Fintech is now adding some sharp tools. If the two can work together well, the banks will be much safer, and more profitable.\u003c\/p\u003e\u003cp\u003eThis book explains how the major players are doing it, and why there are risks and rewards for us all.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e","brand":"Enrich Professional Publishing Ltd","offers":[{"title":"Default Title","offer_id":47031877894384,"sku":"9781623201722","price":34.9,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781623201722_p0.jpg?v=1763861567","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781623201722","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}