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Lehman Brothers Moment in China – Shadow Bank Sichuan Trust Missed Payments
- kaliali 6y agoBullet points from article: Sichuan Trust last week apologised to investors for missing payments on its financial products due in part to the coronavirus outbreak and global economic downturn The firms troubles indicate growing risks in the trust industry, which is often linked to China’s shadow banking system Any additional links related to this story would be appreciated.