Lending in China Chills as Borrowing Costs Spike
The interest rates that Chinese banks must pay to borrow money from each other overnight surged to a record high of 13.44 percent on Thursday. [Source]
Publication Date:Origin: nytimes.com
Category: Economic Conditions and Trends
Topics: , percent, record, surged, overnight, money, borrow, banks, Chinese, rates, interest, Spike, Costs, Borrowing, Chills, China, Lending