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China trust company Zhongzhi is planning a debt restructuring

China trust company Zhongzhi is planning a debt restructuring
The shadow banking firm has missed payments. News wires quote unnamed sources saying the firm has a liquidity crisis.Its not the only one:The latest news out of China is that one of its biggest trust firms, Zhongrong International, has missed payments on dozens of investment products since late last monthChina's Zhongrong misses dozens of payments as fallout spreadsHang Seng: China property developer Country Garden to suspend onshore bond trading This article was written by Eamo... Read More
Posted: Aug 17 2023, 03:10
Author Name: forexlive
Views: 110184

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