GADFLY
Party On, Chinese Consumers
Qudian's New York IPO shows investors see the opportunity for online lenders.
This article is for subscribers only.
Communist Party politics can be difficult to navigate but one thing we know: If President Xi Jinping is to realize his "Chinese dream" he can't afford to choke consumption, for all the talk of reining in debt.
That brings us to a red-hot October for online consumer lenders.