Research On The P2P Lending Risk In China

With the popularity of the Internet and the increasing prosperity of private lending market,P2P(peer-to-peer),a new forms of private lending was emerged.P2 P was born in Britain and was introduced and developed rapidly in China since 2007.As of December 2015,there are more than 3700 P2 P platforms registered in China.As a new pattern of financing which base on traditional private lending,P2 P breaks the traditional information interaction mode and lending pattern by information technology.Considering that it satisfied the diversified demand in the market and eased the pressure of lending for medium and small-sized enterprises,it's a useful supplement to the current banking system.However,the new pattern which is just on the right track has some potential risks and problems because that it's still lack of regulations and supervision.First of all,this paper taking Renrendai Business Ltd.as a specific example,and analysis its main risk.Second,using its operational data to take a further explore of its risk control measures and find the potential vulnerabilities,then put forward reasonable proposals.Last,combining with the successful experience abroad and the current situation of domestic P2 P lending,propose some constructive suggestion,which is helpful for the future development of P2 P lending platform.