Exclusive: China's clashing priorities behind rare money market distress reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
China s attempts
to keep the yuan from falling contributed to last week s chaos
in money markets, sources involved say, pointing to the pressure
behind the scenes as Beijing tries to guide its economy.
SHANGHAI/SINGAPORE (Reuters) - China's attempts to keep the yuan from falling contributed to last week's chaos in money markets, sources involved say,.
SHANGHAI/SINGAPORE (Reuters) - China's attempts to keep the yuan from falling contributed to last week's chaos in money markets, sources involved say,.
The embattled Chinese developer has received enough support to extend the repayment deadlines for a slew of onshore bonds due in the coming months, giving it some much-needed breathing space after it narrowly avoided default a week ago.