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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June 2009

FX poll dinner: I don’t want to go to Chelsea


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  FX Poll 2009 

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The first question many asked at this year’s Euromoney FX poll dinner (see photos below) was: how could the European football authorities be so stupid? Uefa, in its wisdom, had decided to hold the second leg of the crunch semi-final between London’s finest football team, Chelsea, and arch-European rivals Barcelona on the very same night as the dinner.


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