Mon, Jun 19, 2006 - Page 12 News List

China's central bank tightens policy

SLOWING LENDING GROWTH On Friday the People's Bank of China acted to prevent credit growing too rapidly and froze 150 billion yuan in inter-bank liquidity

AFP , BEIJING

"If investment growth accelerates again in June, we believe the focus of the debate on China's economy will shift to a hard landing," ING told its clients.

Citigroup said in a China economic briefing that last month's rate hike may have suppressed rather than boosted market interest rates.

This story has been viewed 2289 times.
TOP top