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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?

April 2005

English lesson at Clifford Chance

by Mark Brown


English is well on its way to becoming the global language. According to one estimate, around 350 million people are native English speakers, with another 400 million speaking English as a second or foreign language.

This hasn't, apparently, gone unnoticed...


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