This seems rather speculative, so I am uncertain about how much attention to give it. But I’m positing it, it may well be useful – comments welcome. The Wall Street Journal (ungated) asks if the cash crunch we saw in June in China could be repeated in September: The causes of the June cash crunch that pushed short-term borrowing rates close to 30%, triggering a sell-off in the mainland’s equity and bond markets, were complex. But analysts break it down into five main factors. Some of them look…
Read full story
Translate to English Show original