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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?

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Skip Navigation LinksHome :: Back Issues :: HSBC: Up ’n’ under

December 2007

HSBC: Up ’n’ under

HSBC’s global headquarters in Canary Wharf hosted an entirely different type of journalist last month at the press conference announcing the British bank’s sponsorship of the British and Irish Lions for their 2009 tour of South Africa.


Lions Legends the boyband: "I just want this bank for good"

Hacks more used to the sports club pressroom were thus introduced to the stadia of investment banking. "Bloody hell," exclaimed one. "No wonder they overcharge their customers. I’m glad I don’t bank with this lot."

HSBC is very...


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