China&#39;s interest rate hike necessary, but not sufficient
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An economist with Asian Development Bank said Friday that China&#39;s decision to raise interest rates is necessary, but not enough to curb inflation.
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Contrary to the ensuing observations by pundits and analysts, Chinaâs decision to raise interest rates by for the first time in 9 years only delays a revaluation of its currency instead of making it more probable.
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China's central bank raised interest rates Thursday for the first time in nearly a decade, signaling a deep unease with the breakneck pace of development and an intent to curb fears of runaway inflation.
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China&#39;s annual inflation rate dropped sharply in November, providing further evidence that steps to cool the economy are working and reducing the chances in the near term of a fresh rise in interest rates.
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China may avoid a sudden economic slowdown after the central bank raised benchmark interest rates for the first time in nine years last week, a survey showed.
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It is premature to say that inflation  has returned to China, but bank deposit rates need to remain  positive in real terms, an economic planning official said on  Tuesday.
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A soft landing for China&#39;s booming economy was not yet a sure thing, the International Monetary Fund said on Wednesday, despite a raft of measures by Beijing to slow investment in overheated sectors.
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SINGAPORE: Chinaâs reluctance to unshackle the yuan when the dollar is plumbing record lows against the euro risks sparking political tensions that could complicate the already fraught task of ironing out global economic imbalances.
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A soft landing for China&#39;s booming economy is not yet assured, the International Monetary Fund said on Wednesday, despite measures by Beijing to curb credit and slow investment in overheated sectors.
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China's central bank yesterday raised interest rates for the first time in nearly a decade, signaling deepening unease with the breakneck pace of development and an intent to reign in a construction boom now sowing fears of runaway inflation.
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China sought Friday to soothe concerns  over a surprise interest rate rise, its first in nearly a  decade and one which is expected to kick off a series of  increases to cool growth in the world's seventh-biggest  economy.
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Prices and interest rates are up, but that isn't necessarily a bad thing
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The U.S. and China set up several study groups and made general pledges, but did not specifically address Americaâs demand that China stop undervaluing its currency.
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China's central bank sought on Friday  to soothe concerns over its first interest rate hike in nearly  a decade, saying it will not have a big impact on the economy  or the pegged yuan currency.
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China&#39;s leaders should not relax their efforts to cool the country&#39;s fast-growing economy, the International Monetary Fund has warned.
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China increases its interest rates for the first time since 1995, a move widely seen as a further attempt to prevent its economy from over-heating.
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Asian financial markets showed a mixed reaction Friday to China's first interest rate rise in nine years, which analysts welcomed as a shift toward capitalist-style economic tools and away from central planning.