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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?

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Skip Navigation LinksHome :: Back Issues :: I’m not a number, I’m unemployed

May 2002

I’m not a number, I’m unemployed



Investment banks have resorted to classifying their staff as nothing more than numbers to simplify redundancies.

It could be a scene from cult TV series The Prisoner where Patrick McGoohan asks his persecutor: "Who is number one?" only...


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