China raises reserve requirement
Posted by ~Ray @ 2007-09-20 15:26:24
Beginning with September 25. Chinese banks must meet the higher reserve requirement of 12.5 per cent. This ratio would be the highest in ten years. Another weak attempt by the Chinese monetary authorities to cool the economy.
XHTML: You can use these tags: <a href="" title=""> <abbr call=""> <acronym call=""> <b> <blockquote have in mind=""> <code> <em> <i> <strike> <strong> [ADVERTHERE]Related article:
http://continentaleconomics.com/blog/2007/09/06/china-raises-reserve-requirement/
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