China’s Trust Industry: A Threat to the World’s Second-Largest Economy
China’s $2.9 trillion trust industry is emerging as a new threat to the world’s second-largest economy. China’s trust sector, which has undergone at least six restructurings since its founding in 1979, is facing new losses, with Goldman Sachs Group Inc. yen). Since last month, the Sino-Plant Enterprise Group and its affiliated Sino Credit International Trust … Read more