China Hit By "Significant Banking Stress" As SHIBOR Plummets To Recession Levels | WHAT REALLY HAPPENED

China Hit By "Significant Banking Stress" As SHIBOR Plummets To Recession Levels

It's probably not a coincidence that just days after we reported that China's interbank market was freezing up in the aftermath of the Baoshang Bank collapse and subsequent seizure, which led to a surge in interbank repo rates and a spike in Negotiable Certificates of Deposit (NCD) rates...

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