More economic problems in the China

A recent liquidity crisis that saw short term rates hitting 50%!

China’s financial regulators are investigating a month-end liquidity crunch that saw short-term money rates surge to as much as 50%, asking some institutions to explain why they borrowed at extremely high rates, three sources said.

China’s exports fell by 6.4% year-on-year in October in U.S. dollar terms, China’s customs agency said Tuesday.

Purchasing Managers’ Index falling back to below 50: