Money

China’s shadow banking sector under the microscope

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How will China’s investigation into Zhongzhi Enterprise Group impact the shadow banking industry and the nation’s financial stability?

 
China has launched an investigation into the Zhongzhi Enterprise Group, a major shadow bank, over alleged financial crimes.

Authorities are scrutinizing the group’s operations amid concerns about illicit activities that may have repercussions on the country’s financial stability. #featured

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