The truth about Asian investment banking
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?

November 2007

Debt trading poll: Credit derivatives indices



Debt trading poll: A year to separate the men from the boys
Debt trading poll: Market share
Debt trading poll: Best for liquidity provision
Debt trading poll: Methodology 

Euromoney polled fund managers and traders around the world. We received 165 responses in total from (2006 figures in brackets): Europe 81.8% (94.7%); Asia 15.8% (2.65%); other 2.4%(2.65%)

Scoring

Votes were sorted in descending order of stated total trading volumes and weighted as follows:

1. Factor of 4 applied to voters in first (top) quartile of trading volumes

2. Factor of 3 applied to voters in second quartile

3. Factor of 2 applied to voters in third quartile

4. Factor of 1...


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