In China, Renrenche sets up user-protection fund

22 Jan 2017, a c-to-c auto site in China, said it will deposit RMB 200 million ($29 million U.S.) in a fund which safeguards its users against fraud. The fund was touted as the first of its kind among used-auto sites in China.
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Tom Marling

Tom is a PhD candidate in Chinese History at Hong Kong Baptist University, and former PR consultant in Mainland China. He joined the AIM Group in 2016 as a writer/analyst.