Home Page : Archive News : May 2011 News : PBOC's Vicious Circle on Policy Means More RRR Hikes

PBOC's Vicious Circle on Policy Means More RRR Hikes

May 19, 2011

China's central bank is caught in a vicious circle, one that means there will be no let up in its fight to keep sucking funds out of the banking system via further increases in already record high reserve requirements.

Source: http://www.cnbc.com/id/43103181?__source=RSS*tag*&par=RSS
 
Related Updates