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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?
Reality bites
January 2007
by Jethro Wookey
Fresh from his presidential election victory, Hugo Chávez has announced plans for a $20 billion, 5,600 mile natural gas pipeline to run from Venezuelas own gas reserves to countries throughout South...
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