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 truth about Asian investment banking

The truth about Asian investment banking

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September 1996

Foreign passport, who needs one?


Next year's IMF/World Bank meeting will be held in Hong Kong, by then three months into Chinese communist rule. What will delegates find: a thriving boom town or a ghost of its former self? Confused local opinion suggests things could go either way. To get a view from the top, Steven Irvine sounded out more than 30 of Hong Kong's tycoons, politicians and bankers, and drew some far-reaching conclusions


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