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The PBOC has told the world not to panic and there's plenty of liquidity in the system. It follows a big rise in overnight money rates over the past few days.
Beijing based trader, Fredrik Oqvist is not convinced. He says the markets are in a highly negative mood. However, Fredrik says there are plenty of trading opportunities out there if you know the market and you're highly selective.
01:03 minutes
Tags: beijing, cash, china, liquidity, markets, money, pboc, people's bank of china, trader, trading, tradingfloor.com