Zhongzhi Enterprise Group filed for bankruptcy liquidation late Friday, as the Chinese shadow banking conglomerate is unable to repay its debt amid a deepening real estate crisis in the country. The ...
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Wanxiang Trust, an ...
MILAN, Oct 4 (Reuters) - Italian police arrested 33 people on Wednesday in a new crackdown on a network of Chinese money brokers who allegedly laundered over 50 million euro ($52.5 million) from drug ...