Nearly a third of fund flows from insurance firms to trust schemes was invested in property industry in China at the end of June. Photo: AFP
Chinese insurers new source of shadow banking loans to developers
Regulator takes action as fund flows to the shadow banking sector reach 280b yuan at end of June, with a third invested in property industry
Nearly a third of fund flows from insurance firms to trust schemes was invested in property industry in China at the end of June. Photo: AFP