Despite China's scrutiny of online credit, smaller services have proliferated in China, as the penetration rate of online microlending reached 69.2% in 2021 (Yaling Jiang/South China Morning Post)







Yaling Jiang / South China Morning Post:

Despite China’s scrutiny of online credit, smaller services have proliferated in China, as the penetration rate of online microlending reached 69.2% in 2021  —  Trams and cast-iron postboxes speak to the history of the city, while delicacies such as fishballs and egg waffles are street food essentials …





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