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?

EuromoneyFXNews.com

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December 2007

Africa: Investec makes the case for African investments


"There has been a clear and significant improvement in sovereign governance, propelling faster economic growth"
Chris Derksen, IAM

The sub-prime mortgage market crisis in the US and the associated credit crunch has grabbed most of the headlines in the financial press in recent weeks but Investec Asset Management believes that the much less widely followed economic upturn in Africa merits greater attention in the light of recent global market volatility.

Chris Derksen and Roelof Horne, managers of the Africa Funds at IAM and co-authors of a recent...


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