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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?
Why crowdfunding threatens traditional bank lending
September 2007
by Sudip Roy
BNP Paribas, through its Cetelem subsidiary, bought Banco BGN, a leader in consigned credit in Brazil, at the end of July.
Dresdner Kleinwort is also seeking an...
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