Chinese Banks' Liquidity Squeeze: Worse Than You Think
A woman uses an automated teller machine (ATM) behind a row of souvenir stalls on the Nanjing Road shopping district in Shanghai. (Photographer: Qilai Shen/Bloomberg)

Chinese Banks' Liquidity Squeeze: Worse Than You Think

(Bloomberg Gadfly) -- In their obsession with China's falling foreign-exchange reserves, investors may be ignoring a more painful Catch-22: a growing shortage of bank deposits. Left unaddressed, th...
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