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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?
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December 2007
by Dominic O’Neill
More on Sabic Borrowing $17 billion in one year is no mean feat for any organization. But then Sabic is no ordinary business. As Saudi Arabia’s leading conglomerate, the Saudi Basic Industries Company, has influence throughout the world....
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