Red Ponzi Stumbling: After 10X Growth In 7 Years, China's Frisky Trust Companies Face Mounting Defaults

Risky borrowers are running into trouble in China and that is putting pressure on trust companies, an important corner of the country’s shadow-banking system. The fear is that this could further reduce the credit available for private businesses, acting as a drag on an economy whose growth is already slowing.

 

 

 

 

 

 

https://www.wsj.com/articles/strains-emerge-in-chinas-3-trillion-financing-market-11562837403?mod=hp_lead_pos7

 

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