KM Financial Solutions | China targets trust industry next year in fight against shadow banking – sources
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China targets trust industry next year in fight against shadow banking – sources

China targets trust industry next year in fight against shadow banking – sources

SHANGHAI, Dec 29 (Reuters) – China’s banking regulator will
further tighten the screws on the trust industry next year, two
sources with direct knowledge of the matter said, as Beijing
steps up a campaign to clampdown on the country’s shadow banking
sector.

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