Chinese Rates Surge Despite Central Bank's Efforts
New York Times
HONG KONG — A bid by China's central bank to curb soaring interest rates and relieve pressure on the financial system appeared to have come up short, as Chinese money market rates shrugged off the measure and continued to surge on Monday.
UPDATE 1-China cash squeeze eases after c.bank injects funds
China Money Rate Tumbles Most Since 2011 as PBOC Injects Cash
China orders media to have more positive tone on interest rates stories