China Shadow Bank Zhongrong Misses Payments, Sparking Protests

The transcript discusses rare protests in Beijing linked to financial issues with Dong Wrong International Trust, a shadow bank in China. It highlights the broader economic troubles affecting the financial sector, including government measures to stabilize equities. The challenges faced by major developers like Country Garden and Evergrande are also covered, emphasizing their financial struggles and regulatory scrutiny.

In what ways are the troubles in the property sector affecting the overall economy in China?

What does the investigation of Hung DA Real Estate by the CSRC indicate about corporate governance in China?