China is the largest market place for internet lending in the world, almost quadrupling the rest of the world combined at nearly $60 billion in 'originations' (where loans are being 'originated'). We discuss why this is the case talking about the 'black economy' in China that has moved online, and the lack of the ability to gain credit or obtain a proper credit score. We also talk about the role that internet banks are going to play in this field helping small to medium businesses obtain loans in the future.