Risk Analysis of China's Internet Finance and Strategies

Abstract

In recent years, China's Internet finance has been developing rapidly. Compared with the traditional financial industry, Internet finance enjoys advantages of low cost, high efficiency, wide coverage and rapid development. At the same time, China's Internet finance has a large risk hidden danger. Starting from the characteristics of Internet finance, this paper analyzes the current situation of Internet finance, analyzes the risks of Internet finance, and puts forward some financial management countermeasures and risk prevention mechanisms to promote the development of China's Internet finance industry in a better and faster way.

The Current Situation and Hidden Dangers of Internet Finance in China

“…It was titled Risk Analysis of China's Internet Finance and Strategies. According to this study, China's Internet banking business has risen at a fantastic rate over the last several years [4]. Internet finance provides various advantages over traditional financial services, including low prices, high efficiency, broad coverage, and rapid expansion.…”