China suggests no relief forthcoming in cash crunch

06/24/2013 | Wall Street Journal, The

China's government continued to take a hard line on the nation's supposed cash crunch, saying in an official commentary that shadow financing is causing the shortfall and driving up interest rates. "It's not that there's no money, it's that the money is not in the right places," the Xinhua commentary said.

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Wall Street Journal, The

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