Strains Emerge in China’s $3 Trillion Financing Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Indebted borrowers are running into trouble in China and this could further lessen the credit available to private firms, weighing on an already slowing economy

The fear is that this could further reduce the credit available for private businesses, acting as a drag on an economy whose growth is already slowing.

Lightly regulated trust companies have been critical lenders for these firms, as traditional banks deal mostly with favored state-owned enterprises. These problems could also bounce back on many small investors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

这是我们中国重庆朝天门。官员和财阀们破坏了我们的家乡。

Molasses...

At least until they call in the notes from other foreign entities?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines