China Increases Bank Reserve Ratio to Cool Inflation March 18 (Bloomberg) -- China told banks to set aside more reserves for the second time this year, hours after Premier Wen Jiabao said the government will take ``forceful'' steps to damp inflation at...
from YouTube on Sun, Mar 23 2008
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| 12 May 08 |
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China raises reserve requirement ratio to fight inflation » People's Daily China's central bank announced on Monday that it would raise the reserve requirement ratio for commercial banks by 0.5 percentage point to curb the inflation. This is the fourth such move so far this year, and it will lift China's r ... |
| 06 Jul 08 |
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Premier calls for vigilance on inflation » Shanghai Daily PREMIER Wen Jiabao has called for continued vigilance against the inflation that has reached a 12-year high, saying the government should ensure that price increases are "acceptable" for both industry and the public. ... |
| 12 Jun 08 |
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Interest rate hike needed to tame inflation, say Bank of China » People's Daily China's government still needs to raise the interest rate following the harsher-than-expected increase to the reserve ratio requirement, amid efforts to effectively curb inflation, according to the Bank of China (BOC). The governme ... |
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