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 money network:

The money network:

Why crowdfunding threatens traditional bank lending

November 2005

Dubai: Exchange has liftoff

by Kate Luxford


The Dubai International Financial Exchange (DIFX) has set itself an ambitious target, according to its chairman.

Lynton Jones hopes the new exchange, which finally opened for trading in September, will list up to 20 firms from the Middle East, Africa, the former Soviet Union and south Asia by the end of next year.

The exchange is also...


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