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Exposures to local govt financing vehicles represent a key risk for Chinese banks, Moody's Investors Service says

Sophia Rodrigues

MNI

Exposures to local govt financing vehicles represent a key risk for Chinese banks, Moody's Investors Service says. LGFV's accounted for 14% of total bank loans end-2012

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Sophia Rodrigues
Sophia Rodrigues
Sydney Bureau Chief
MNI

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