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?

March 2005

UBS displays its wares

by Kathryn Tully


Many banks are avid collectors of modern art, but are their most treasured works appreciated? Hanging them in conference or board rooms, or the corridors on executive floors and the number of people who get to see them is limited. There's always the option of putting them in your lobby. Or you can go one...


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