BBC News |
China central bank holds line on shadow banking as rates spike
Reuters By Gabriel Wildau and Jason Subler. SHANGHAI/BEIJING | Fri Jun 21, 2013 4:24am EDT. SHANGHAI/BEIJING (Reuters) – China's central bank faced down the country's cash-hungry banks on Friday, letting interest rates again spike to extraordinary levels as … PBOC Survey Finds Bankers, Businesses Less Confident on Economy China in credit crunch as Beijing targets debt China: credit crunch or worse? |