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China’s Central Bank says it will ensure money market stability

By: Emerging Money
Posted: 6/25/2013 8:06:00 AM
Referenced Stocks:

China ( FXI , quote ) like the U.S. Federal Reserve needs to be very careful of a policy mistake. Image courtesy Seth Anderson: It's all about communication and it hasn't been very consistent or very good.

The move in the overnight rates on the SHIBOR has been nothing short of alarming not only for China but for global investors, especially emerging markets.