The Perilous Condition Of Debt-Related Financial Institutions In China – Analysis
Published
By He Jun
Since the enactment of China's Trust Law 22 years ago, the first case of a trust company going bankrupt has emerged. After nearly a year in the bankruptcy process, New China Trust was officially declared bankrupt by a court in Chongqing on May 26. With the bankruptcy of New China Trust, the number of trust licenses...