The truth about Asian investment banking
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?

May 2005

K-E-A-R-N-S spells Vaughan


Once upon a time, when Australia's rugby union team were world champions, Phil Kearns was a key member of the Wallabies side. But these days his talents are benefiting the South Africans. Last month, the former Aussie captain and hooker joined Investec...


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