Chinese banks told to stop loaning money to American banks / **UPDATED**

For the "yeah we're screwed" files: "Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday." China banks told to halt lending to US banks, South China Morning Post via Reuters (Thanks JDP). UPDATE: China denies the report. (thanks, Ari Schwartz)

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