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View Full Version : China Has Room to Cut Interest Rates on Low Inflation - Bloomberg



NewsWhore
03-28-2009, 06:11 AM
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China Has Room to Cut Interest Rates on Low Inflation (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaClDQ4W0ZdIk%26refer%3Dhome&cid=0&ei=AfnNSaXKDIaaMv7H9fsN&usg=AFQjCNFYObgrKqijca8lsCP-tHpeIT92PQ)
Bloomberg
China’s new local-currency loans more than quadrupled from a year earlier in February to 1.07 trillion yuan, 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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