Watch China Banks: Citic Asked to Examine Finances of Zhongrong - Bloomberg

Aug 30th, 2023

China Asks Citic to Examine Finances of Zhongrong

China has requested an examination of the books of Zhongrong International Trust Co. by two of the nation’s biggest financial firms, potentially paving the way for a state-led rescue of the troubled shadow lender. Sofia Horta e Costa reports on Bloomberg Television.

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