How Bad Is China's Cash Crunch?

How Bad Is China's Cash Crunch? Play

Dec. 24 (Bloomberg) -- Surging money-market rates in China sparked a stock sell-off this month that’s wiped $156 billion of market value from local equities, setting course for the biggest monthly loss since a record cash crunch in June. Stephen Engle reports on Bloomberg Television's "First Up." (Source: Bloomberg)

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