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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 :: Euromoney 40th anniversary special: Focus on Bohai Bank

June 2009

Euromoney 40th anniversary special: Focus on Bohai Bank



Founded in 2006 with registered capital of Rmb5 trillion ($730 billion) and headquartered in Tianjin, Bohai Bank was the first national joint stock bank to be set up in China since 1996. As the city of Tianjin and surrounding Binhai New Area are a...


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