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TO GO WITH China-investment-Internet,FOCUS by Bill Savadove This photo taken on February 4, 2016 shows investors in Chinese online peer-to-peer lender Ezubao chanting slogans during a protest in Beijing. The protest came days after China announced that 21 people had been arrested on suspicion of defrauding around 900,000 people of more than 50 billion yuan (7.6 billion USD), after Ezubao turned out to be a giant Ponzi scheme. The scandal highlights both poor regulation in the world's biggest P2P market, and how China's small investors fail to recognise financial risk. The T-shirts read "Ezubao: Raise hands, lose a family fortune", a play on the company's slogan. AFP PHOTO / GREG BAKER / AFP / GREG BAKER (Photo credit should read GREG BAKER/AFP/Getty Images)

TO GO WITH China-investment-Internet,FOCUS by Bill Savadove This photo taken on February 4, 2016 shows investors in Chinese online peer-to-peer lender Ezubao chanting slogans during a protest in Beijing. The protest came days after China announced that 21 people had been arrested on suspicion of defrauding around 900,000 people of more than 50 billion yuan (7.6 billion USD), after Ezubao turned out to be a giant Ponzi scheme. The scandal highlights both poor regulation in the world's biggest P2P market, and how China's small investors fail to recognise financial risk. The T-shirts read "Ezubao: Raise hands, lose a family fortune", a play on the company's slogan. AFP PHOTO / GREG BAKER / AFP / GREG BAKER (Photo credit should read GREG BAKER/AFP/Getty Images)
Getty Images

AFP GREG BAKER