Analysts Wonder If Trust Industry Has Reached a Tipping Point

(Beijing) – The country's formerly booming trust investment industry might have reached what one observer called "a tipping point," as growth plateaus and risk gets more attention.

Recent data from the China Trustee Association shows the industry shrunk in June, the first monthly decline since it took off in China in 2008. As of June 30, the assets of all 68 trust companies in the country stood at 12.48 trillion yuan, down 0.24 trillion yuan from the end of May.