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Monday, September 11, 2017

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

September 11, 2017 0 comments
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 banking industry, are being pressured to step up compliance and background ...

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