CIIC:Today's featured article/February 16, 2013

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Revision as of 00:51, 6 February 2013 by imported>Ciic (Created page with 'thumb|250px|left|Private lending in China. [File photo] ] '''Private lending''' ('''民间借贷''') is lending between citizens, citizens and a le...')
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Private lending in China. [File photo] ]

Private lending (民间借贷) is lending between citizens, citizens and a legal entity, and citizens and corporations. Its interest rate should not be four times higher than that of banks in China. (More...)