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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 :: EGYPT: GOING FOR GROWTH

May 1997

EGYPT: GOING FOR GROWTH


Cairo's stock market is rampant. The past 12 months have seen the market take off after the government finally decided to take privatization seriously. But amid the euphoria there are calls for caution as the financial sector leaves the real economy trailing. Nigel Ash takes a closer look


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