China ups bank rates to slow economic growth

Lazell, Mark
May 2006
ICIS Chemical Business;5/8/2006, Vol. 1 Issue 18, p13
Trade Publication
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.


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