Copy Reference What Does the Rise in RMB Interest Rates Signify?
Year:2005 Issue:1
Column: ECONOMY
Author: SUI JIANXIONG & staff reporter LI WUZHOU
Release Date:2005-01-01
Page: 24,25
Full Text:
ON October 28, 2004, the People's Bank of China took a U-turn and, after almost a decade of reductions, announced a 0.27 percent increase in RMB interest rates. This superficially inconsequential...
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