• 09/21/2024

China’s clashing priorities behind rare money market distress

Reuters

Reuters exclusively reported China’s attempts to keep the yuan from falling contributed to last week’s chaos in money markets, pointing to the pressure behind the scenes as Beijing tries to guide its economy and markets through a major slowdown.

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https://www.reutersagency.com/en/reutersbest/article/chinas-clashing-priorities-behind-rare-money-market-distress/