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China's Zhongrong misses dozens of payments as fallout spreads

China's Zhongrong misses dozens of payments as fallout spreads

News
Eamonn Sheridan
16/08/2023 | 01:59 GMT

Newswire headline, not good news from China:

  • China's Zhongrong misses dozens of payments as fallout spreads
  • Two clients of Zhongrong International Trust said the firm delayed payment of maturing wealth products.

Not a positive input for risk assets

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