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China pumps 5bn dollars to help banking system with rising interest rates

Friday, December 27th 2013 - 00:59 UTC
Full article 4 comments

China's central bank has pumped 5bn dollars into the banking system to ease concerns over a credit squeeze that has caused rising interest rates. The People's Bank of China did not explain its actions, but over the last few days there has been growing concern over the availability of credit. Read full article


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  • yankeeboy

    Shadow Banking
    Nightmare Scenario
    China is setting itself up for a big big fall
    and nobody and nothing can catch them.

    Dec 27th, 2013 - 02:44 am - Link - Report abuse 0
  • Anglotino

    China's workforce has already started shrinking and their population is just about to peak.

    And all quicker than anyone predicted.

    China is a major power but won't be a global superpower.

    Dec 27th, 2013 - 04:07 am - Link - Report abuse 0
  • ChrisR

    Oh yes!

    It's all going swimmingly for the Han, just as the new guy who is starting to behave like The Drunken Dear Leader of N. Korea takes the reins of power.

    I wouldn't worry about an ILR of 13.4%, another one or two “little” problems and it will be double that.

    Perhaps what they are trying to do is rival The Dark Country for banking probity! Ha, ha, ha.

    Dec 27th, 2013 - 12:22 pm - Link - Report abuse 0
  • dhicha

    In correspondence to this how would the market react because to the present situation people were reluctant to invest in the market but now the situation seems a bit change though in the positive side but would the investor invest money or not would be a difficult question to answer, this type of decision are not taken very rarely so this would be the ideal time for people who want to buy new things or other who want to pay-off some of their debts.

    Jan 02nd, 2014 - 08:22 am - Link - Report abuse 0

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