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.
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