China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

The truth about Asian investment banking

July 2005

Asia: Market round-up



Singapore: CAO executives charged 

Following the high-profile collapse of China Aviation Oil (Singapore), five key executives were arrested by the Singapore authorities and charged with several crimes, including forgery and insider trading. Those arrested include Chinese nationals Chen Jiulin, and Jia Changbin, respectively chief executive and chairman of the firm.

CAO, the Singapore-listed vehicle...


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