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Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?
Why crowdfunding threatens traditional bank lending
January 2006
by Chris Leahy
Malaysian retail bank Southern Bank had its expansion plans scuppered in December by Bank Negara Malaysia, the countrys central bank, after BNM refused to approve Southern Banks proposed acquisition of Asia General Holdings, a Singapore...
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