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 money network:

The money network:

Why crowdfunding threatens traditional bank lending

May 2004

New bank for Kabul

by Mark Brown


Afghanistan International Bank, owned by a consortium of Afghan and US investors and managed by ING?s Institutional and Government Advisory group (ING-IGA), has opened for business in Kabul.

The bank will start by providing inward and outward remittance facilities, cashier services, and current accounts for Afghan customers. It wants to move into trade finance and short-term and medium-term corporate...


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