China’s Rescue of Troubled Trust May Stoke Risk-Taking

China’s eleventh-hour rescue of wealthy investors in a high-yield trust threatens to drive more money into the nation’s $6 trillion shadow-banking industry, undermining regulators’ efforts to deter excessive risk-taking. Industrial & Commercial Bank of China Ltd. (601398), the nation’s largest l…

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China’s Rescue of Troubled Trust May Stoke Risk-Taking

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