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Troubled Shadow Bank Zhongrong Gets Help From China State Giants

(Bloomberg) An embattled Chinese shadow bank has taken a step closer to receiving potential state-led assistance, entering a partnership agreement with two of the nation’s biggest financial firms.Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersApple iPhone 15 Pro Max Deliveries Slip to November in Sign of DemandCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Compa ....

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Chinese Shadow Bank Zhongrong Gets Help From Citic Trust and CCB Trust

Chinese Shadow Bank Zhongrong Gets Help From Citic Trust and CCB Trust
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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Troubled Shadow Bank Zhongrong Gets Help From China State Giants

Troubled Shadow Bank Zhongrong Gets Help From China State Giants
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Crisis in China's 'shadow banking' sector leads to defaults

Crisis in China's 'shadow banking' sector leads to defaults
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

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Crisis in China's 'Shadow Banking' Sector Leads to Defaults - New Delhi Times - India Only International Newspaper - Empowering Global Vision, Empathizing with India

A growing crisis in China’s “shadow banking” sector is threatening further damage to an economy reeling from multiple problems, even as a new report questions the ability of the government in Beijing to come to the rescue via fiscal stimulus. On Wednesday, Bloomberg News reported that Chinese authorities have enlisted the Citic Trust Co., a… ....

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