HONG KONG (Thomson Financial) - The Chinese government has asked banks to temporarily freeze lending until the end of this year to help cool its economy, the Wall Street Journal reported Monday, citing bankers and a government official..... http://www.forbes.com/markets/feeds/afx/2007/11/18/afx4352323.html So, what happens now?
sorry for posting in the wrong forum. but, any ideas on which stocks will be most affected by this? citigroup, fxi, etc?
Soon, they will realize that US will do it for them... If a combination of slow down and devaluation of dollar won't shrink trade deficit, I don't know what else will. If it doesn't shrink, then Ben will devalue US$ till it shrinks.