China’s s trust industry is undergoing a gradual but important transformation as a growing number of private banks and trust firms make a foray into the family trust business – in the process transforming themselves into custodians of private wealth. Since trust laws were first introduced in 2001, trust companies have played an important role in China’s economy by providing ‘shadow…
China’s trust industry: A foray into fiduciary services
Have a confidential tip? Get in touch [email protected]
