Monday, July 5, 2010

Could China end up in a liquidity sh*t storm?

A reported 100 billion dollar infrastructure project/s in western China? Were are they going to get the money from? Since the Yuan is beginning to appreciate, or is it? Of will they (China) sell off their huge FX reserves?

Remember China's Agbank couldn't secure funding for a final IPO push

All points to ominous Chinese liquidity problems.

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