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?

The truth about Asian investment banking

October 2007

Happy Birthday ADRs!

by Chloe Hayward


The ADR has been a very important equity market tool for many years. So long in fact that in 2007 the instrument celebrates its...


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