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Here are the signs that China’s Lehman moment is inevitable

Here are the signs that China’s Lehman moment is inevitable

Quartz - Gwynn Guilford

Money market rates in China climbed again last week, prompting more worries of a deja vu of June’s cash crunch that spooked global markets. That was when the Shibor—the Shanghai interbank offering rate, which tracks the interest rates banks charge each other—soared, reminding many of the Libor leap …

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