Friday, November 21, 2014

Fuel to the fire.

When the CB lowers rates in order to make refinancing conditions more attractive to political cronies (read: keep them in business until a putative recovery takes form in global demand for Chinese goods presumably still sitting in massive wharehouse complexes).

And of course this follows the news that Chinese students in America have hit an all-time high.  This is more than exploring their options.

  • 21-Nov-2014 10:36 - CHINA C.BANK SAYS CUTS BENCHMARK INTEREST RATE

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