Chinese people do not even have checking accounts, although they do have debit cards.
they usually pay their bills w/cash, Renminbi and they need a reciept every time.
Too late but they need to raise interest rates to get ammunition when things get worse.
Which they will, the recession is here in the Global economy.
Sentiment: Strong Sell
It was just the whatamarkets covering their shorts.
after this week they will take profits early.
don't want to miss happy hour in the Hamptons