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

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Skip Navigation LinksHome :: Back Issues :: AP Market round-up: Asia’s rich just keep getting richer

November 2006

AP Market round-up: Asia’s rich just keep getting richer


An inaugural Asia Pacific wealth management survey from Merrill Lynch and Capgemini highlights the growing concentration of the region’s wealth in the hands of the already rich, deemed high-net-worth individuals (HNWIs).


The survey covered the key wealth management markets of China, Hong Kong, India, Indonesia, Japan, Korea, Singapore and Taiwan, where the number of HNWIs grew 7.3% in 2005. To highlight the extent that the region’s wealth is...


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  1. FX survey 2012: Overall results

  2. Euromoney’s 2012 FX survey results

  3. Inside JPMorgan's $2 billion loss-making CIO division

  4. The money network: Why crowdfunding threatens traditional bank lending

  5. Reality bites: The truth about investment banking in Asia


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