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Many Chinese peer-to-peer lending firms are facing closure, but analysts say fears of contagion in the wider economy are exaggerated.
China's leader in online marketplace lending joins R3, a global enterprise software firm, for a blockchain solution it says will improve supply chain finance for small businesses.
In China, where fintech is already ubiquitous, one company has set its sights on serving millions of SMEs neglected by the existing supply chain finance system.