Why? Besides ‘general purposes’, Red China seems to be in the beginning throes of economic criticality. According to a story in Forbes that was subsequently pulled, and brought to light by Karl Denninger, China’s banks are on a holiday of sorts for withdrawals from banks.
Think ripple effects.
For weeks now, various pundits have been predicting China’s economic melt-down to occur around the 31st of January…..we’ll see, I guess.
Here’s Denninger’s piece: http://market-ticker.org/akcs-www?post=227978