China's latest stimulus effort unintentionally creates chaos in its financial markets as short-term rates hit 50%

China's latest stimulus effort unintentionally creates chaos in its financial markets as short-term rates hit 50%

Chinese President Xi JinpingReuters/Pool <ul> <li>China's bid to provide stimulus through increased bond issuance has led to a cash crunch, Bloomberg reported.</li> <li>This week, banks issued a for… [+1872 chars]

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