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Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?
Reality bites
July 2005
Economy shows further signs of life
The positive economic data from Japan continue to trickle in and confound the naysayers. In addition to a first-quarter GDP growth figure of 4.9%, albeit revised downwards from a provisional...
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