The New York Times reports on the Chinese financial market mentioning a "credit crunch." However, it seems that the credit crunch is the equivalent of rising interest rates and nothing out of the ordinary....econoblog101
China Credit Crunch – it’s the central bank, stupid!
Dirk Ehtns | Berlin School of Economics and Law
PBOC forcing lenders into line with its policy, not the market rate spiking as the gloom and doomers think.
A Fullwiler paper gets a mention, too.
A Fullwiler paper gets a mention, too.
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