Sichuan Trust last week apologised to investors for missing payments on its financial products due in part to the coronavirus outbreak and global economic downturn
The firms troubles indicate growing risks in the trust industry, which is often linked to China’s shadow banking system
Any additional links related to this story would be appreciated.
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[ 3.2 ms ] story [ 15.6 ms ] threadSichuan Trust last week apologised to investors for missing payments on its financial products due in part to the coronavirus outbreak and global economic downturn
The firms troubles indicate growing risks in the trust industry, which is often linked to China’s shadow banking system
Any additional links related to this story would be appreciated.