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The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
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Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
![Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy](https://usanewscart.com/wp-content/uploads/2024/01/Zhongzhi-Enterprise-Group-Chinese-shadow-bank-files-for-bankruptcy.jpg)
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The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
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