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

EuromoneyFXNews.com

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June 2009

CLS to the fore


FIs want intellectual capital for cash managementConcerns during the crisis period undoubtedly resulted in some switching of bank providers. But Joerg Pinkernell, head of GTS FI product management at RBS, insists it is important to remember that, while it is technically possible to switch providers overnight, the operational hurdles are greater. "In...


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