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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?

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Skip Navigation LinksHome :: Back Issues :: Latin America round up: Madoff maddens Latin Americans

March 2009

Latin America round up: Madoff maddens Latin Americans

by Chloe Hayward


Rio de Janeiro came in a close second to New York for Madoff losses according to locals in the Brazilian city. Reports continue to emerge that despite the big losses few customers...


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