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?

EuromoneyFXNews.com

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June 2009

Central America: El Salvador taps IDB

by Chloe Hayward


Mauricio Funes, the newly elected president of El Salvador, is likely to tap IMF, IDB and World Bank sources to help his country navigate the economic slowdown. Last month the El Salvadorian central bank received $187 million of a $400 million three-year loan from the IDB that was signed...


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