- Zhongzhi, one of China’s major shadow banks, declares itself ‘severely insolvent’: The wealth management giant reports a shortfall of $36 billion and warns of the risk of maintaining operations normally https://english.elpais.com/economy-and-business/2023-11-24/zhongzhi-one-of-chinas-major-shadow-banks-declares-itself-severely-insolvent.html 130 comments worldnews
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