China Overnight Lending Rates 62% Higher Than US

China Overnight Lending Rates 62% Higher Than US
Paramilitary policemen patrol in front of the People's Bank of China in Beijing on July 8, 2015. Greg Baker/AFP/Getty Images
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News Analysis

The overnight bank lending rates in China has moved 62 percent higher than in the United States as fears of financial risk and inflation in the world’s second largest economy increase.