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View Full Version : China Has Room to Cut Rates on Low Inflation, Central Bank Says - Bloomberg



NewsWhore
03-28-2009, 12:50 AM
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China Has Room to Cut Rates on Low Inflation, Central Bank Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaiAWB3bsLekU%26refer%3Dhome&cid=0&ei=uq3NSdTFH5j4Mq2xiPYN&usg=AFQjCNETKslfB7Zeh18r_yfsIr6Zzv8ZPw)
Bloomberg
China’s new local-currency loans more than quadrupled in February to 1.07 trillion yuan from a year earlier, the central bank said on its Web site March 12, after it cut borrowing costs five times last year, scrapped quotas limiting lending and urged ...


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