Zhongzhi Enterprise Group Fails To Make Payments
Posted on 08/16/2023
China’s financial conglomerate Zhongzhi Enterprise Group has been in business since 1995 and has assets over RMB 1 trillion. However, corporate clients were not paid on time, and China has set up a task force to deal with the situation. Zhongzhi manages corporate and individual accounts, and maintains an investment banking arm. It deals in…
