China's Credit Crunch Felt Across Financial Markets
By: Renee Montagne and Frank Langfitt
June 21, 2013
The lending rate between Chinese banks spiked dramatically on Thursday, creating a credit crunch. Renee Montagne talks to NPR Shanghai correspondent Frank Langfitt about the turbulence in China's banking system, and how authorities in Beijing are responding.
The state's current attorney general is overturning a ruling from the previous attorney general that would have shut down most of the abortion clinics in the state, and the issue isn't just about regulations and politics. It's also about money.
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