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Trust Issues? China Targets a $3 Trillion Shadow Banking Industry – U.S. News & World Report

U.S. News & World Report

Trust Issues? China Targets a $3 Trillion Shadow Banking Industry
U.S. News & World Report
National Trust has now defaulted on the product, according to Tang and Gongyu Zhou, one of the eight investors, because Tianjin Iron and Steel is unable to pay back its loan.The products were also illegally sold via third-party non-financial

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