You are here

China's loan apps offer instant cash, but use personal data to harass

Hong Kong

BAI Shichao has a debt problem that is bigger than his pay cheque - and that's a problem for the rest of China too.

Mr Bai, a 30-year-old Beijing deliveryman, has borrowed heavily from China's growing ranks of online cash lenders. In a...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to