It has been reported that 70 institutions are exposed to more than 12 billion yuan worth of loans to Huishan Dairy. Photo: AP

Minsheng confirms 1bn yuan in outstanding loans to troubled Huishan Diary

More than 70 creditors, including 23 commercial banks and P2P platforms now trapped in Huishan’s debt crisis, worth more than 12 billion yuan, according to mainland press

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It has been reported that 70 institutions are exposed to more than 12 billion yuan worth of loans to Huishan Dairy. Photo: AP
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