Private Lending Industry Is Collapsing in ChinaIn recent months in China there have been frequent cases of the owners of private financing companies disappearing, leaving investors’ principal unpaid.Friends Read FreeCopyFacebookXTruthGettrLinkedInTelegramEmailSaveA clerk counts the renminbi bills at a bank in Taipei on November 11, 2010. (AFP Photo/Patrick Lin) By Lu Chen11/9/2014Updated: 11/9/2014Print