Deposit Reserve Rate No Panacea

Year:2006 Issue:28

Column: VIEWPOINT

Author: Mark A. DeWeaver

Release Date:2006-07-13

Page: 18,19

Full Text:

To rein in runaway investment, China's central bank, the People's Bank of China (PBOC), took several measures in mid-June, including the most dramatic step of raising the deposit reserve rate by 0.5...

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