This is the first book-length treatment of the regulation of financial technology (Fintech) in China. Fintech brings about paradigm changes to the traditional financial system, presenting both challenges and opportunities. At the international level, there has been a fierce competition for the coveted title of global Fintech hub. One of the key enablers of success in this race is regulation. As the world's leader in Fintech, China's regulatory experience is of both academic and practical significance. This book presents a systematic and contextualized account of China's Fintech regulation, and in doing so, tries to identify and analyze relevant institutional factors contributing to the development of the Chinese law. It also takes a comparative approach to critically evaluating the Chinese experience. The book illustrates why and how China's Fintech regulation has been developed, if and how it differs from the rest of the world, and what can be learned from the Chinese experience.

‘As a leading expert on Chinese corporate and financial law, Professor Huang offers an expert examination of Chinese regulation of key areas of Fintech. Given China's leadership in some Fintech areas, such as mobile payments, the book offers important insights for lawyers and policy makers around the world. A welcome addition to any Fintech library.'

Howell E. Jackson - James S. Reid, Jr, Professor of Law, Harvard Law School

‘This book provides a comprehensive and well-informed analysis of the regulation of Fintech in China. From P2P to mobile payments to cryptoassets and more, it insightfully traces the successes and shortcomings of China's regulatory responses over time and examines prospects for reform. It should be compulsory reading for academics, practitioners, regulators and policy makers interested in the Chinese experience.'

Michael Klausner - Nancy and Charles Munger Professor of Business and Professor of Law at Stanford Law School

‘This interesting book is written by Robin Huang, who is a leading international voice in the area of financial regulation, and the ultimate authority on Chinese internet finance regulation. The lessons he draws from the Chinese experience in internet finance, and his sharp insights concerning the various regulatory approaches, will be invaluable to anyone interested in the technological frontiers of the finance sector.'

Omri Ben Shahar - Leo and Eileen Herzel Professor of Law, and Kearney Director and founder of the Coase–Sandor Institute for Law and Economics at the University of Chicago Law School

‘Some of the most interesting action in the Fintech space has been in China, where a combination of Big Tech massive incursions in core traditional banking services such as payment systems, banking disintermediation on the part of new players such as peer-to-peer lenders and a vibrant ecosystem of cryptoasset innovators have shaken the financial system and led to a variety of policy recipes. Robin Huang masterfully guides readers around China's Fintech space and very effectively pinpoints the strengths and weaknesses of its regulatory responses in this excellent book.’

Luca Enriques - Professor of Corporate Law, Faculty of Law, University of Oxford

‘This is a timely book. Professor Huang provides an expert analysis of the Fintech scene in China. It is possibly the most comprehensive review of the topic to date. Practitioners and policy makers will find this book informative and useful reading.’

Laurence Li SC - Chairman, Hong Kong Financial Services Development Council

‘Fintech is the new frontier of finance, and China is at the frontier of Fintech. Robin Huang provides a comprehensive account of how Fintech in China has been regulated, and of how regulation has shaped its development. There have been successes (mobile payments) and, in relative terms, failures (online lending). Professor Huang’s account will be essential reading for all those seeking to understand the future of finance in and beyond China.’

Simon F. Deakin - Professor of Law, University of Cambridge