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

Argentina: An unknown quantity

Analysts are pondering the new economy minister’s strategy.


Felisa Miceli: deserves the benefit of the doubt
Investors say that Argentina’s new economy minister should be given the chance to prove herself. Felisa Miceli’s surprise appointment at the end of November was met with uncertainty. Argentine bond prices fell on the news, the Merval equity index lost 5% and the peso weakened a few centavos.

Some observers have questioned Miceli’s ability, fearing she might be out of her depth. The 53-year-old was previously head of state-owned Banco de...


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