Could a growing global skepticism of manufactured goods crash the world’s largest manufacturing economy?
Sunday, December 25, 2016
Avoiding a Cash Crunch
China’s central bank said the country needs to be careful to avoid creating an artificial liquidity crisis. Regulation is needed to avoid excessive borrowing and lending and the speculative bubbles that can result. Rules that were too broad, though, could cut off legitimate lending forcing businesses to slow down operations in a cash crunch. The comments came in an op-ed published today.