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.