 As of August 2016, cash flow on all P2P lending platform have already exceeded 191 billion Chinese Yuan (29 billion USD) in the month.Lender's return rate across all P2P lending platform in China is about 10% per annum on average, with a few of them offering more than 24% return rate.A colloquial term for P2P lending in Chinese translates as "grey market", but is not to be confused with grey markets for goods or an underground economy.