Question
case studyDianRong Marketplace: Marketplace lending, blockchain, and the'new finance' in China Case link: https://services.hbsp.harvard.edu/api/courses/739341/items/218043-PDF-ENG/sclinks/d944aacf65fa91b17ad542c4f7e22103 Please answer the following Questions after reading the case: 1. Explain
case studyDianRong Marketplace: Marketplace lending, blockchain, and the'new finance' in China
Case link: https://services.hbsp.harvard.edu/api/courses/739341/items/218043-PDF-ENG/sclinks/d944aacf65fa91b17ad542c4f7e22103
Please answer the following Questions after reading the case:
1. Explain what a PeertoPeer (P2P) lender is and explain how it differs to a traditional bank lender.
2. What is it about P2P lenders that helps them solve customer problems that traditional banks are not able to?
3. Outline and explain two risks to customers using DianRong Marketplace as your example.
4. The case study uses a term "the new finance" of China. What does that mean?
5. What is the specialty of DianRong - does it do payments?
6. The Chinese regulator has been pushing DianRong and other P2P lenders to reduce their lending. What would be the motivation of the regulator to do that?
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