The money network:

The money network:

Why crowdfunding threatens traditional bank lending

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?

February 2008

American as she is spoke

"Subprime" (or sub-prime if you write for Euromoney) has been voted "word of the year, 2007" by the American Dialect Society.


The society, which includes linguists, writers, professors and grammarians, has been selecting words of prominence for the past 18 years. Speaking about this year’s selection, Professor Wayne Glowka, chair of the new words committee, essayed a joke: "When you have investment companies losing billions of...


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