guac: "China’s shadow banking system under spotlight as Sichuan Trust misses payments amid economic slowdown https://www.scmp.com/economy/article/3091933/chinas-shadow-banking-system-under-spotlight-sichuan-trust-misses-payments"

China’s shadow banking system under spotlight as Sichuan Trust misses payments amid economic slowdown scmp.com/economy/art...

publisher

South China Morning Post

date published

Monday July 6th, 2020

authors

Amanda Lee, Updated, Jul

summary

Sichuan Trust last week apologised to investors for missing payments on its financial products due in part to the coronavirus outbreak and global economic downturn.