Trust Industry Grew to More than 16 Tln Yuan Last Year: Report

(Beijing) – The total value of China's trust industry surpassed 16 trillion yuan last year, and experts said the underlying risks increased as well.

Assets under management at the country's 68 trust companies were worth 16.3 trillion yuan at the end of December, 16.6 percent more than at the same time in 2014, according to data released by the China Trustee Association on February 24.