Chinese School - China may raise interest rate again

Home Business China International Culture��Edu Sci��Tech Sports Life Travel P
hotos

��Search

  China Observer

�� 2004 Statistical Communiqu�� of China

�� Astronomical child education costs in China

�� Inflation not a big concern for China this year

  Photos

�� China's gold demand grew 13% last year

�� China, S. Korea recognize environmental labels

�� Liu Xiang wins first championship of 2005

��Home>>Photos

China may raise interest rate again

www.chinanews.cn 2005-03-03 13:38:23

According to the Hang Seng Economic Monthly, even after the People's Bank
of China raised the interest rate last October for the first time in nine
years, it may once again increase rates by 50 basis points. Hang Seng
Economic Monthly said that due to recent inconsistent economic
statistics, the Central Bank did not take any action after it raised the
interest rate by 27 basis points last October. The bottleneck in upstream
sectors, the rise of labor costs and pressure from PPIs may be what
drives the Central Bank to take action.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649

Copyright� 2004 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service

Learn Chinese, Learning Chinese, Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About chinese characters, News in Chinese, Go to China, Travel to China, Study in China, Teach in China, Dictionaries, Learn Chinese Painting, Your name in Chinese, Chinese calligraphy, Chinese songs, Chinese proverbs, Chinese poetry, Chinese tattoo, Beijing 2008 Olympics, Mandarin Phrasebook, Chinese editor, Pinyin editor, China Travel, Travel to Beijing, Travel to Tibet