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?

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Skip Navigation LinksHome :: Back Issues :: Sinking ships among the glitz

March 2004

Sinking ships among the glitz

by Katie Martin


Lehman Brothers has finally finished moving its London headquarters from its slightly gloomy premises in Broadgate to its shiny new tower in Docklands, joining Standard & Poor's and Bank of America as new residents in what is now London's key financial...


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