As most countries agonize over how to keep their barely reviving economies growing, China is already looking to slam on the brakes.
China’s central bank moved late Friday to reduce lending to companies and individuals by requiring large commercial banks to increase the amount of cash they park with the central bank. The move, which came [...]
Posts Tagged ‘hot economy’
China’s Central Bank Hits Brake on Hot Economy
February 13th, 2010 by Financial Writer
Tags: central bank, China, economies growing, Federal Reserve, hot economy, inflation, lending








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