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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?

February 2007

Exclusive news on BAA: delayed refinancing and disappearing downgrade?

The market has been eagerly awaiting the deal, which will be the largest corporate securitisation to date and may even reach £8 billion in size.


More on BAABAA released its latest results in London yesterday, a presentation in which it became clear that the March deadline for the launch of the securitisation refinancing of ADI’s acquisition debt is going to pass. The market has been eagerly awaiting the deal, which will be the largest corporate securitisation to date and may even reach £8 billion in size. It was expected...


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