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…

Get News, People, and Transactions, Delivered to Your Inbox