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

EuromoneyFXNews.com

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December 2007

Borrower view: Sabic’s CFO, Mutlaq Al Morished - Ingredients for a new world order

The world’s most profitable chemicals company, and possibly soon to be its biggest, has ploughed ahead with big expansion plans despite the credit crisis, making more use of Islamic and local capital markets. Dominic O’Neill talks to Sabic’s CFO, Mutlaq Al Morished.


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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