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

January 2006

Regional prospects: Firing on all four cylinders?

The general picture’s good and the four biggest economies are simultaneously on a growth path.


The region’s analysts have been busy refining their forecasts for Asian economies in 2006. The consensus appears positive on the whole, with real GDP growth for Asia ex-Japan of 6.5% to 7% projected. That’s a pretty respectable performance at twice global growth.

Rob Subbaraman, regional economist with Lehman Brothers in Tokyo and one of the more bullish analysts around, believes Asia enters 2006 in a cyclical upswing “underpinned by an upturn in global electronics demand, competitive currencies and negative or close to zero...


You must be a trialist or subscriber to view this content

Please Subscribe or take a Free Trial below.
Already a subscriber? Log in here.





Download the Free Euromoney iPad app today