Chinese Banks’ Net Borrowing Signals Liquidity Glut Is Easing
Chinese banks turned net borrowers of short-term funds for the first time in seven months, increasing issuance of negotiable certificates of deposit in a sign that the liquidity glut in...
By Charlie Zhu, Wenjin Lv, Shulun Huang · Bloomberg Markets
Chinese banks turned net borrowers of short-term funds for the first time in seven months, increasing issuance of negotiable certificates of deposit in a sign that the liquidity glut in the financial system may be starting to normalize.