Research Of Chinese Private Lending Legal Regulation

More and more people focus on private lending in recently years, which has promoted economic, eliminated the needs of the private economy on capital market, and played a big role in the development of mid-small enterprises.There is not a private lending regulation in China, which left non-formal financial sector, including private lending business fall into economic chaos, inflation, and form a rapid growth on private lending. This makes private lending more fragile, and expands financial risk. Once that lending business collapses, a financial risk would be caused in non-formal financial sector, and disturbing state regulation on markets, impeding China’s economic growth, stable social life and social harmony.In this paper, casus is analyzed historical, empirical, and normative to state questions in private lending regulation. First, analysis some basic questions on lending business and regulation; second, through the current situation of legislation on lending regulation, finds the defects and obstruction on lending regulation; third, providing a reference by summarize experience from private lending regulation in the United States, Germany, and Japan; last, propose suggestion to promote the improvement of regulation, protesting private property, to serve China’s socialist market.