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The Hidden Dangers Of China's $2 Trillion Trust Industry
Aggregated Source: China Money Network
The author is Liu Li-Gang, chief economist of Greater China at ANZ Over the past few years, China’s trust industry witnessed a dramatic growth, and has become a significant segment in China’s shadow banking system. The total assets under China’s trust industry reached RMB12.5 trillion (US$2.04 trillion) as of June 2014, increasing fourfold since 2011, […]

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