The truth about Asian investment banking
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?

May 2008

CEE: Middle-class demand

Visit cities such as Bucharest and one might be surprised by the high-quality cars or food that are available and affordable. Middle class wealth is growing rapidly in CEE, and it brings with it a lot of pent-up demand.


CEE private equity on the fast track Volume up, deal value down Both individuals and companies are keen to catch up with the rest of Europe. Consequently, the main growth industries tailor to that wealth. Media/telecoms, financial services and consumer industries are the biggest target sectors for CEE private equity. The...


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