Renrendai Believes they will Thrive after the Regulatory Shakeout in China

P2P lender Renrendai believes they are well positioned to survive and eventually thrive after the regulatory crackdown in China ends; the company matches small businesses with investors, which is not under the same level of scrutiny as consumer p2p platforms but are still feeling the pain; there are about 1,000 p2p platforms still operating in China according to Wangdai Zhijia, though that number is expected to drop significantly; they are still seeing strong demand for credit and have said that financing small businesses is supported by the government. Source.