Is China witnessing its Lehman moment as Zhongrong shadow bank that managed $108 bn faces liquidation?
The collapse of the Zhongrong trust in China over heavy losses from real estate and property developer defaults has affected more than 30,000 individuals and over 2,000 institutions, primarily wealthy investors. Some analysts have called it China’s Lehman moment. Is it
The collapse of the Zhongrong trust in China over heavy losses from real estate and property developer defaults has affected more than 30,000 individuals and over 2,000 institutions, primarily wealthy investors. Some analysts have called it China’s Lehman moment. Is it
