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China’s AVIC Trust Faces Payment Issue, Seeking Operational Support

China’s AVIC Trust Faces Payment Issue, Seeking Operational Support

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-21 10:48:02
0
China’s state-owned AVIC Trust Co. has requested help from CCB Trust Co. and SDIC Taikang Trust Co. due to payment delays in its investment products. The move comes amid struggles in the nation’s $3.7 trillion trust industry, making AVIC Trust the first state-owned trust firm placed in custody since China’s Trust Law was enacted in 2001.
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