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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?

March 2007

FX market round-up: JPMorgan loses three from prop team

by Chloe Hayward, Lee Oliver

Nick Munns, David Frist and Chris Morrison are all believed to have left JPMorgan’s foreign exchange proprietary trading desk in London.


The trio are understood to be headed across the City to Royal...


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