A major Chinese trust firm missed payments, adding to Beijing’s financial concerns ...Middle East

Quartz - Economy
A major Chinese trust firm missed payments, adding to Beijing’s financial concerns
A trust linked to one of China’s wealth management giants has failed to make payouts on dozens of products in another sign of trouble in the country’s economy. Multiple clients at Zhongrong International Trust reported in recent weeks that payments have been delayed, adding to worries that China’s floundering property…Read more...

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