Schedule for Week of April 21, 2024
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The key reports scheduled for this week are the advance estimate of Q1 GDP,
March New Home sales and March Personal Income and Outlays.
For manufacturing, ...
2013-12-20
Surging SHIBOR Signals Stress
Here's the search data for "cash crunch" in Chinese.
This chart shows the past few months. The spike in September was due to concerns that a cash crunch could emerge at the end of September. See Chinese Cash Crunch Could Return in September; Why Not Spend ¥8 million to Avoid a ¥10 million Fine?
Also, the Asian currency mini-crisis in India and Indonesia ended a couple of weeks earlier at the start of September. This time, the spike in "cash crunch" searches is coming at the start of a possible trend.
Labels:
bad debt,
China,
deflation,
interest rates
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