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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?

May 2007

Eurex: Swimming with sharks

Eurex is clearly very proud of its new exchange-listed credit index futures. To celebrate the launch, the international derivatives exchange threw a party at the London Aquarium in Westminster, giving it the full James Bond treatment.


As the assortment of bankers, investors and the odd hack filed into the party they were met with champagne, while dancing girls pranced around in revealing...


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