Reading the future of chinese credit

One of the most striking aspects of the Chinese financial services landscape has been the near-absence of consumer credit products. But with WTO membership looming, the government has boosted this area of the market – thus creating opportunities for domestic and overseas players. When Asiamoney's Pauline Loong invited Chinese and foreign bankers and credit specialists attending a Global Integrated Systems (GIS) seminar in Shanghai to join a credit assessment roundtable, uniquely Chinese issues – both cultural and legal – dominated the debate.