Chinese Watchdog Orders Banks to Set Aside Funds

Chinese Watchdog Orders Banks to Set Aside Funds Play

Feb. 11 (Bloomberg) -- China’s banking regulator ordered some of the nation’s smaller lenders to set aside more funds to avoid a cash shortfall, three people with knowledge of the matter said, signaling rising concern that defaults may climb. David Ingles has more on Bloomberg Television's "First Up." (Source: Bloomberg)

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