Home Credit to invest $921m in China

Czech firm to speed up the development of online business

Home Credit Group, an international consumer finance provider based in the Czech Republic, will invest 6 billion yuan ($921 million) in China to double its business by the end of 2017, the company's chief executive officer said on Monday.

Jiri Smejc spoke exclusively to China Daily as President Xi Jinping arrived in Prague to start an official visit to the country.