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Why China's credit crunch is our problem

A guide standsin front of an electronic board at the entrance of a bank in Beijing on April 23, 2013.

China is feeling a credit crunch, after China’s central bank froze lending between China's financial institutions this week. Marketplace China Bureau Chief Rob Schmitz joins Morning Report host Mark Garrison to explain what's behind the policy move and what it means for markets outside China.

 

About the author

Rob Schmitz is Marketplace’s China correspondent in Shanghai.

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