Summary | Scrambling for funds of late amid unusually tight
liquidity, Chinese banks might have reasonably assumed that the
People's Bank of China would give them a helping hand and
inject funds into the market. Instead, the central bank thumbed
its nose at them.
liquidity, Chinese banks might have reasonably assumed that the
People's Bank of China would give them a helping hand and
inject funds into the market. Instead, the central bank thumbed
its nose at them.
blogs.wsj.com | 28 May 2015