The truth about Asian investment banking

The truth about Asian investment banking

Reality bites

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?

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May 2005

Relax! Don't do it!



What with a power struggle for control being waged in the public eye and a raft of senior departures, Morgan...


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