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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?

June 2009

Euromoney 40th anniversary special: Focus on Solomon Strategic Consulting



Carl Im believes he has spotted a niche in the market. "There is a gap," he says, "between the coverage model of the bulge-bracket banks and the demand space." Im, a former Goldman Sachs options trader who set up the firm’s Korea business before moving to...


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