Financial China

Highway loans are triggers for LGFV defaults

  • Published 06 Oct 2011

Short-term loans issued to finance longer-term projects in the heady days of China's 2009 stimulus package are returning to haunt the banks.

Subscribe now to access all of China Confidential

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Find out more