Waning trust: China shadow banks pivot away from property to survive
By Engen Tham, Clare Jim and Julie Zhu SHANGHAI/HONG KONG (Reuters) - For more than a decade, Chinese developers' debt-fuelled construction boom enric...
Source: 933thedrive.com
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By Engen Tham, Clare Jim and Julie Zhu SHANGHAI/HONG KONG (Reuters) - For more than a decade, Chinese developers' debt-fuelled construction boom enric...
For more than a decade, Chinese developers' debt-fuelled construction boom enriched the country's shadow banks, who were eager to capitalise on the needs of an industry desperate for credit and too