No, there is no (coming) collapse of China’s interbank system

Last week I spoke with Mark DeWeaver (video) and we touched on a number of issues related to China’s financial system but did not cover the liquidity issues that have arisen the past 6-9 months.

As a consequence, I highly recommend reading through this overview from Rhodium Group that does away with hyperbole or exaggeration to explain what is really happening: China’s Interbank Squeeze: Understanding the 2013 Drama and Anticipating 2014

 

Leave a Reply

Your email address will not be published. Required fields are marked *