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Jason Bedford, a former analyst with Bridgewater and UBS, who predicted the troubles that cascaded through China’s regional banks now has similar warning for the nation’s trust industry. ....
China's trust industry, which contributes to nearly 10% of the country's total loans according to Bloomberg Economics, has already shown signs of instability. ....
The self-declared status of one of China’s largest shadow banks as “severely insolvent” has revealed another crack in a distressed financial system. Beijing may have to step in. ....
The Perilous Condition Of Debt-Related Financial Institutions In China – Analysis eurasiareview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiareview.com Daily Mail and Mail on Sunday newspapers.