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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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March 2004
by Antony Currie
How many Deutsche Bank managing directors does it take to change a lightbulb? If last month's press release announcing the hiring in the US of 10 tech bankers from CSFB is any indication, they'd be queuing up round the block.
In all no fewer...
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