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?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

December 1998

James Riady



Showing the new face of Asia

Director, Lippo Group

James Riady, a youthful Indonesian-Chinese billionaire, is an enigmatic figure in the hard, polished world of international business, politics and diplomacy. As head of the the Lippo Group - the Riady family's financial-services and real-estate empire - valued at $12 billion before the Asian financial meltdown, the 41-year-old moves easily in the political and financial elite of Indonesia, China, Singapore, the US and Australia.

He is at once charming and amusing, and disciplined and ruthless in the pursuit of Lippo's interests. At the request of the Indonesian president, BJ Habibie, he is now touring the Asia-Pacific region as one...


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