Friday, September 26, 2008

China Banks To Stop Lending to U.S. Banks


In an effort to keep the U.S. economic problems from spreading, inter-bank loans from the Chinese to the American will be halted. From Reuters - click on the link to read the entire article...

BEIJING, Sept 25 (Reuters) - Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday.

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