Click Here for
Track Your Paper
ISSN:2454-4116

International Journal of New Technology and Research

Impact Factor 3.953

(An ISO 9001:2008 Certified Online Journal)
India | Germany | France | Japan

Credit for Consumption and Consumer Rights Protection in China

( Volume 2 Issue 3,March 2016 ) OPEN ACCESS
Author(s):

Yixian Zhao

Abstract:

In view of the economic growth in China and the increase in the people’s salary levels, and as a result of pompous development of cyber consumption that has been observed in recent years, the ordinary consumer tends increasingly to turn to financial products and services, from traditional means such as bank loans, to new cyber tools such as overdraft in online shopping. The legal framework in China, however, does not offer specific mechanisms to protect the rights and interests of financial consumers, being almost silent in particular on the issue of excessive lending to ordinary customers by financial institutions in the use of powers and benefits attached to them.

Paper Statistics:

Total View : 86 | Downloads : 77 | Page No: 111-116 |

Cite this Article:
Click here to get all Styles of Citation using DOI of the article.