The spigot is being shut. China's largest banks (BACHY.PK, IDCBF.PK, ABGEF.PK) are bumping up...

|By:, SA News Editor

The spigot is being shut. China's largest banks (BACHY.PK, IDCBF.PK, ABGEF.PK) are bumping up against their annual loan quotas, and have stopped offering new financing. Chinese stocks continued their recent slide, falling 2% last night.