Market researcher Zennon Kapron on China peer-to-peer lending

Global Business

China is reining in its peer-to-peer lending industry, issuing tough new draft regulations.

After a series of high-profile arrests, Beijing is moving to limit investor risk.

For more on peer to peer lending, CCTV America’s Rachelle Akuffo spoke to Zennon Kapron. He’s the Director of Kapronasia, a financial industry market research and consulting firm focusing on China and Asia.