Private Lending In Wenzhou Shoes Or Clothing Will Explode The Subprime Mortgage Crisis In China.

Private lending business is everywhere, but there are so many idle funds that lenders may have their own use. capital Do you? According to people familiar with the matter, in fact, quite a portion of the borrower's money is borrowed, and it is borrowed at various levels. Once every time, the interest of the borrower is increased. The longer the chain of funds is, the longer it hangs. How can small and medium-sized enterprises such as shoes and clothes that are really short of money bear the burden of such high interest rates? Who will be the last straw to break the capital chain?

"Private lending in Wenzhou is already in danger. If it continues to develop, it will probably become a Chinese subprime mortgage. crisis " Zhou Dewen, chairman of Wenzhou SME Development Association, spoke frankly.

He believes that this phenomenon can only be blocked only by blocking. Therefore, the best way is to change the embarrassment of private capital, to identify the private capital by legal means, and to operate from the ground to the ground. While resolving the crisis of private lending, it can also play a role in allocating resources rationally, which means killing two birds with one stone.

Zhou Dewen said that in fact, the state has already introduced a number of measures in guiding the healthy development of private lending, such as launching a pilot scheme for rural banks, a pilot project for nationwide small loan companies, and allowing individuals and enterprises to sign up "lending only" lending institutions. However, there is always a long distance between policy and reality. Many private capital can not be legalized because of its quota and identity. channel It is embarrassing because it can not enjoy the treatment of financial institutions.