China: Beijing takes page from Mao’s playbook, PBoC dashes ...
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China
Friday June 21 2013
China News - latest China news headlines - FT.com
Beijing takes page from Mao's playbook
As the leadership seeks to address frustration over governance issues, Xi tells party it must embrace 'mass line' to avoid extinction
http://link.ft.com/r/VKY5JJ/DXU6B4/A7P8KJ/C47U5H/CWBUW0/LE/h?a1=2013&a2=6&a3=21
PBoC dashes hopes of China cash boost
Central bank has dashed hopes that it was about to inject liquidity into the markets amid record levels for short-term money market rates
http://link.ft.com/r/VKY5JJ/DXU6B4/A7P8KJ/C47U5H/EK8LK8/LE/h?a1=2013&a2=6&a3=21
Echoes of Mao in China cash crunch
China's central bank rejects calls for a liquidity injection as short-term money market rates soar. Is this down to economics or are political considerations in play?
http://link.ft.com/r/VKY5JJ/DXU6B4/A7P8KJ/C47U5H/9MLNMQ/LE/h?a1=2013&a2=6&a3=21
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