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A key Chinese shadow bank has missed payments on dozens of investments, and it shows just how bad things are in the world's second-largest economy
- Source :
- The Business Insider (Blogs on Demand). August 16, 2023
- Publication Year :
- 2023
-
Abstract
- Zhongrong, a Chinese trust company, missed payments on dozens of investment products, per Bloomberg. The missed payments came days just after property giant Country Garden missed coupon payments. The series [...]
Details
- Language :
- English
- Database :
- Gale General OneFile
- Journal :
- The Business Insider (Blogs on Demand)
- Publication Type :
- Periodical
- Accession number :
- edsgcl.800185570