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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 PPF Group



If some recent press coverage of central and eastern Europe is to believed, operating in the consumer finance market in the region is the equivalent of pouring money down the drain. But Czech Republic headquartered PPF Group, which manages more than €10.8...


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