Internet finance and its potential risks: the case of China
Internet finance is a global phenomenon that further close the digital divide and sidelining of small-medium enterprise (SMEs) equipping for a fourth industrial revolution market. This study reviews the development of Internet finance in China deemed to be the largest Internet finance market in t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Academic Inspired Network
2019
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| Online Access: | http://psasir.upm.edu.my/id/eprint/80302/ http://psasir.upm.edu.my/id/eprint/80302/1/Internet%20finance%20and%20its%20potential%20risks%20the%20case%20of%20China.pdf |
| _version_ | 1848858883753246720 |
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| author | Tian, Zhongkai Sheikh Hassan, Ahmad Fahmi |
| author_facet | Tian, Zhongkai Sheikh Hassan, Ahmad Fahmi |
| author_sort | Tian, Zhongkai |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Internet finance is a global phenomenon that further close the digital divide and sidelining of small-medium enterprise (SMEs) equipping for a fourth industrial revolution market. This study reviews the development of Internet finance in China deemed to be the largest Internet finance market in the world. The extant of literature and market reports suggest that this overwhelming performance of China Internet financing is due to factors such as financial market gap, popularity of third-party payment and high returns. However, against mthe traditional financing operations, investors in this sector suffer substantial degree of risks due to fraud leading to huge losses. We argue that there needs a concerted effort by government and oversight bodies to improve market disciplines to ensure a healthy development of this alternative financing thereby enhancing the economy development of China and elsewhere where Internet financing is operating. |
| first_indexed | 2025-11-15T12:20:32Z |
| format | Article |
| id | upm-80302 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T12:20:32Z |
| publishDate | 2019 |
| publisher | Academic Inspired Network |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-803022020-10-21T18:02:39Z http://psasir.upm.edu.my/id/eprint/80302/ Internet finance and its potential risks: the case of China Tian, Zhongkai Sheikh Hassan, Ahmad Fahmi Internet finance is a global phenomenon that further close the digital divide and sidelining of small-medium enterprise (SMEs) equipping for a fourth industrial revolution market. This study reviews the development of Internet finance in China deemed to be the largest Internet finance market in the world. The extant of literature and market reports suggest that this overwhelming performance of China Internet financing is due to factors such as financial market gap, popularity of third-party payment and high returns. However, against mthe traditional financing operations, investors in this sector suffer substantial degree of risks due to fraud leading to huge losses. We argue that there needs a concerted effort by government and oversight bodies to improve market disciplines to ensure a healthy development of this alternative financing thereby enhancing the economy development of China and elsewhere where Internet financing is operating. Academic Inspired Network 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/80302/1/Internet%20finance%20and%20its%20potential%20risks%20the%20case%20of%20China.pdf Tian, Zhongkai and Sheikh Hassan, Ahmad Fahmi (2019) Internet finance and its potential risks: the case of China. International Journal of Accounting, Finance and Business, 4 (20). pp. 44-51. ISSN 0128-1844 https://www.researchgate.net/publication/337812413_INTERNET_FINANCE_AND_ITS_POTENTIAL_RISKS_THE_CASE_OF_CHINA |
| spellingShingle | Tian, Zhongkai Sheikh Hassan, Ahmad Fahmi Internet finance and its potential risks: the case of China |
| title | Internet finance and its potential risks: the case of China |
| title_full | Internet finance and its potential risks: the case of China |
| title_fullStr | Internet finance and its potential risks: the case of China |
| title_full_unstemmed | Internet finance and its potential risks: the case of China |
| title_short | Internet finance and its potential risks: the case of China |
| title_sort | internet finance and its potential risks: the case of china |
| url | http://psasir.upm.edu.my/id/eprint/80302/ http://psasir.upm.edu.my/id/eprint/80302/ http://psasir.upm.edu.my/id/eprint/80302/1/Internet%20finance%20and%20its%20potential%20risks%20the%20case%20of%20China.pdf |