TITLE

China ups bank rates to slow economic growth

AUTHOR(S)
Lazell, Mark
PUB. DATE
May 2006
SOURCE
ICIS Chemical Business;5/8/2006, Vol. 1 Issue 18, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the increase in the benchmark minimum interest rate on one-year loans charged by Bank of China. The decision reaffirmed the intention of the government to control economic growth. Analysts believe that the increase will reduce investment demand.
ACCESSION #
20864475

 

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