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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October 2009

Cash management: Smoother flows for public pipelines

Governments and the broader public sector are increasingly seeking the sort of service improvements that can draw on cash management specialists’ expertise. Laurence Neville reports.


ONE CERTAINTY IN the new global economy – regardless of the strength or speed of worldwide recovery – is the enhanced role of governments and the public sector. And a further inevitable trend is that the public-sector quest for new ways to drive down costs and more effectively deliver services will continue as tax revenues shrink and pressure on services grows....


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