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Shanghai stocks fall 2.4% on liquidity squeeze fears

Posted on 08 July 2013 with no comments from readers

Chinese shares dived across the board on Monday with the Shanghai Composite down 2.4 per cent as the markets digested new forecasts about the credit tightening and liquidity squeeze in China which could equal the size of the Vietnamese economy this year.

Global stocks have yet to react and are ignoring this news from China that has widespread repercussions for export earnings and global trade. Bloomberg’s David Ingles discusses the potential impact of China’s cash crunch with Susan Li on Bloomberg Television’s ‘First Up’…

Posted on 08 July 2013 Categories: Banking & Finance, Bond Markets, Global Economics, Sovereign Wealth Funds, Video Channel

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