Trust issues? China targets a $3 trillion shadow banking industry – Nasdaq

Nasdaq

Trust issues? China targets a $3 trillion shadow banking industry
Nasdaq
SHANGHAI, Sept 10 (Reuters) – As a flood of unregulated cash swirls through the Chinese economy, Beijing has been taking aim at the trust companies whose unrestrained lending practices are worrying regulators. The trusts, at the heart of a vast shadow …

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