Beijing court accepts shadow bank Zhongzhi’s bankruptcy application
Beijing will usually take measures – such as thorough checks of balance sheets – before the official legal process starts, to ensure that the risks of a bankruptcy are under …
Beijing will usually take measures – such as thorough checks of balance sheets – before the official legal process starts, to ensure that the risks of a bankruptcy are under …
Authorities have opened an investigation into Zhongzhi Enterprise Group and detained several suspects days after the shadow bank, one of mainland China’s largest, revealed a staggering US$36 billion shortfall that …