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Tag: Defaults

  • China’s Shadow Banking Sector Faces Rising Property Cost Defaults

    China’s Shadow Banking Sector Faces Rising Property Cost Defaults

    A $3 billion redemption disaster in japanese China is reviving issues concerning the loosely-regulated shadow-banking business because the nation’s extended property stoop dangers spilling over into the monetary sector. Traders holding some 20 billion yuan in wealth administration merchandise bought by means of Hangzhou-based Zhejiang Zhejin Asset Operation Co. did not obtain funds due in…

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