MarketWatch: China asks local lenders not to lend to U.S. banks:report

[marmar]

China asks local lenders not to lend to U.S. banks:report

By V. Phani Kumar
Last update: 10:28 p.m. EDT Sept. 24, 2008Comments: 40


HONG KONG (MarketWatch) -- Chinese regulators have asked domestic banks to stop lending to U.S. financial institutions in the interbank money markets to prevent possible losses during the financial crisis, the South China Morning Post reported Thursday. The China Banking Regulatory Commission's ban on interbank lending of all currencies applied to U.S. banks, but not to lenders from other countries, the report added, citing a source.


http://www.marketwatch.com/news/story/china-asks-local-lenders-not/story.aspx?guid=%7B389CCD2E%2D9D08%2D4A8B%2DA512%2DF1B3E0B0BE19%7D&dist=hplatest

[HereSince1628]

1. "Enough?" So, how will "Yer with U.S. or yer against U.S." deal with this?

The folks that already own most of our debt are saying 没有!

[Mojorabbit]

2. China denied this last night

Whether it is really true or not I don't know