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How can they make a living,” asked Kong, who lives in the eastern province of Shandong.

“They must give us an explanation and a solution.” China’s P2P ‘financial refugees’ face never ending wait to recover lost US$120 billionThe shroud over P2P firms has fallen, with China’s banking regulator announcing last month that it had shut down all such platforms.

If its return is higher than 8 per cent, the product is dangerous.

At times, police have intervened to quell the crowds.You realise how humble you are as an individual.

About 58.3 per cent of investors said they could accept a “haircut” but insisted that it must be less than 30 per cent.

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