TUE 28 MAR 2017 · 15:42 · BUSINESS

The Wall Street Journal

Swipe by Swipe, Chinese Smartphone Users Flock to Risky Investments

“In China, about 700 million people carry a smartphone, and many of them are comfortable sending money from their screens through the world’s busiest mobile-payment networks. That has created a crowdfunding wave bigger than anywhere else, a real-time experiment in a type of online investing proponents have long pushed in the U.S.”