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Why crowdfunding threatens traditional bank lending
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
by Jethro Wookey
The five-bedroom, 2.3-acre property will go on the market with an asking price of $6.15 million. Apparently, the property "no longer meets his needs", although whether those needs refer to...
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