China Heading Towards Imminent Financial Crisis? Another Big Firm Defaults On Loan Repayments At least three Chinese companies — Nacity Property Service, KBC Corporation and Xianheng International Science and Technology — said in separate stock exchange filings in recent weeks that Zhongrong Trust has encountered difficulties in meeting obligations to its corporate investors.
China Heading Towards Imminent Financial Crisis? Another Big Firm Defaults On Loan Repayments
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