Chinese Shadow Bank Misses Dozens of Payments as Fallout Spreads

Zhongrong International Trust Co. missed payments on dozens of products and has no immediate plan to make clients whole, indicating troubles at the embattled Chinese shadow bank are deeper than previously known. #press

https://www.bloomberg.com/news/articles/2023-08-16/chinese-shadow-bank-misses-dozens-of-payments-as-fallout-spreads?utm_source=press.coop

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