China's $343 Billion in the Shadows

China's "trust companies" are a growth industry, notable not for imparting stability to the $9.2 trillion economy, but for the red flags they raise.
The look of a lender.                                                                    

China's "trust companies" are a growth industry, notable not for imparting stability to the $9.2 trillion economy, but for the red flags they raise. One figure stands out: the $343 billion these nonbank lenders owe in interest and principal repayments this quarter alone.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.