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?

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Skip Navigation LinksHome :: Back Issues :: Letter to the Editor: A world of differences

May 1999

Letter to the Editor: A world of differences



It is flattering to be remembered by Paul Roby so long after the event (letter, "Begging to differ" April, page 13).

I would not like to adjudicate on who thought of what and when - too many grey cells have disappeared for that. But there have been many variations...


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