A Wave Of Chinese Trust Defaults Might Be Underway And Things Could Get Scary For Chinese Banks

Chinese officials appear to be making a more concerted effort to crack down on shadow banking and excessive liquidity. Controlling local government debt became one of the top tasks set forth during the economic work conference, for the first time. And several senior local government officials no…

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A Wave Of Chinese Trust Defaults Might Be Underway And Things Could Get Scary For Chinese Banks

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