DEUTSCHE BANK: CHINA LIKELY TO RAISE INTEREST RATE
AsiaInfo Services, June, 2006
AsiaInfo Services 06-23-2006 Deutsche Bank: China Likely to Raise Interest Rate BEIJING, Jun 23, 2006 (SinoCast via COMTEX) -- Deutsche Bank, the leading global investment bank, predicts China might raise the interest rate in nationwide, though Zhou Xiaochuan, the governor of the nation's central bank People's Bank of China has expressed that the bank recently did not managed to raise the interest rate. China is likely to launch a series of policy to curb the monetary supply through raising interet rate or the ratio of deposit reserve in the following three to four months, according to a report of Ma Jun, the chief economist of the Germany-based bank in grand China region. The boosting of deposit-reserve ratio signals that the nation began to curb its monetary...
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