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In depth: Want a loan? China's tech giants are at your service

Huge troves of user data prove invaluable for insurance, healthcare and other services

Alipay and WeChat Pay have built up an unassailable lead in the third-party payments sector and control more than 90% of the market.    © Reuters

Click into some of China's most popular apps these days and you'll soon be drowning in ads for loans.

"Borrow up to 200,000 yuan ($28,590) through Meituan's special loan service with a daily interest rate of less than 0.02% ..." "Important reminder! The interest rate on a Didi loan is lower than what you're paying on your credit card payments. Click here for more ..."

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