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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 GCA Savvian



The Japanese M&A boutique GCA won mainstream attention – and third place on the year’s league table – in 2007 when it advised on two of the biggest deals Japan’s financial sector had ever seen, Citi’s acquisition of Nikko Cordial and Mizuho’s merger with Shino Securities. ...


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